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Minister for Finance (Ireland)

Irish government cabinet minister

Minister for Finance (Ireland)

Irish government cabinet minister

FieldValue
postMinister for Finance
insigniaIrish Department of Finance.png
insigniasize230px
imageSimon Harris at the Special European Council - 2024 (cropped).jpg
imagesize200px
incumbentSimon Harris
incumbentsince18 November 2025
departmentDepartment of Finance
typeFinance minister
statusCabinet minister
member_of
reports_toTaoiseach
seatDublin, Ireland
nominatorTaoiseach
appointerPresident of Ireland
appointer_qualified(on the advice of the Taoiseach)
formation22 January 1919
inauguralEoin MacNeill
salary€210,750 (2025)
(including €115,953 TD salary)
website

(including €115,953 TD salary) The Minister for Finance () is a senior minister in the Government of Ireland. The Minister for Finance leads the Department of Finance and is responsible for all financial and monetary matters of the state; and is considered the second most important member of the Government of Ireland, after the Taoiseach.

The current office holder is Simon Harris, TD; he is assisted by one Minister of State Robert Troy, TD.

Overview

Department of Finance

The Minister for Finance holds the second most important ministerial position in the Irish Cabinet after that of the Taoiseach. The minister is responsible for all financial matters in Ireland. For this reason, the Minister for Finance is one of three positions in the government which the Constitution requires to be held by a member of Dáil Éireann, the other two being Taoiseach and Tánaiste. Ministers for finance who later became Taoiseach include Jack Lynch, Charles Haughey, Albert Reynolds, John Bruton, Bertie Ahern, and Brian Cowen.

The department and minister are occasionally called the Irish Exchequer (or simply the Exchequer), a term previously used under the Chancellor of the Exchequer of Ireland (disestablished in 1817).

Budget

One of the most important aspects of the Minister's work is the creation of the annual budget which is delivered to the Dáil in a speech, which must be given before 15 October due to the Two-Pack agreement. In the budget, the minister details the government's spending programme for the coming year. The budget consists of:

  • a financial statement to the Dáil,
  • Budgetary measures (a list of budgetary changes detailing the cost/yield of same),
  • Budget statistics, and
  • financial resolutions.

Minister for Finance since 1919

NameTerm of officePartyGovernment(s)
Eoin MacNeill22 January 19191 April 1919
Michael Collins2 April 191922 August 1922
W. T. Cosgrave (acting)17 July 192221 September 1923Cumann na nGaedheal}}"
Ernest Blythe21 September 19239 March 1932
Seán MacEntee9 March 193216 September 1939
Seán T. O'Kelly16 September 193914 June 1945
Frank Aiken19 June 194518 February 1948
Patrick McGilligan18 February 194813 June 1951
Seán MacEntee13 June 19512 June 1954
Gerard Sweetman2 June 195420 March 1957
James Ryan20 March 195721 April 1965
Jack Lynch21 April 196510 November 1966
Charles Haughey10 November 19667 May 1970
George Colley9 May 197014 March 1973
Richie Ryan14 March 19735 July 1977
George Colley5 July 197711 December 1979
Michael O'Kennedy12 December 197916 December 1980
Gene Fitzgerald16 December 198030 June 1981
John Bruton30 June 19819 March 1982
Ray MacSharry9 March 198214 December 1982
Alan Dukes14 December 198214 February 1986
John Bruton14 February 198610 March 1987
Ray MacSharry10 March 198724 November 1988
Albert Reynolds24 November 19887 November 1991
Charles Haughey (acting)7 November 199114 November 1991
Bertie Ahern14 November 199115 December 1994
Ruairi Quinn15 December 199426 June 1997
Charlie McCreevy26 June 199729 September 2004
Brian Cowen29 September 20047 May 2008
Brian Lenihan7 May 20089 March 2011
Michael Noonan9 March 201114 June 2017
Paschal Donohoe14 June 201717 December 2022
Michael McGrath17 December 202226 June 2024
Jack Chambers26 June 202423 January 2025
Paschal Donohoe23 January 202518 November 2025
Simon Harris18 November 2025Incumbent

;Notes

References

References

  1. (3 March 2025). "Salaries".
  2. (3 March 2025). "Salaries".
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