Minister for Finance (Ireland)

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Brian Cowen, TD, current Minister for Finance
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Brian Cowen, TD, current Minister for Finance

The Minister for Finance is the title held by the Irish government minister responsible for all financial and monetary matters. The office-holder controls the Department of Finance (An Roinn Airgeadais) and is considered one of the most important members of the Irish government. The current Minister for Finance is Brian Cowen, TD. He is assisted by Tom Parlon, TD, Minister of State with special responsibility for the Office of Public Works.

The department and minister are occasionally called the Irish Exchequer (or simply Exchequer); a term previously used under the Irish Chancellor of the Exchequer.

Contents

[edit] Overview

Government Buildings, Dublin, is the location of the Department of Finance
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Government Buildings, Dublin, is the location of the Department of Finance

The Minister for Finance holds the second most important ministerial position in the Irish Cabinet after that of the Taoiseach. He or she is in charge of the Department of Finance (An Roinn Airgeadais), responsible for all financial matters in the Republic of Ireland. Due to the importance of the cabinet post, the Minister for Finance must be a member of Dáil Éireann. One of the most important aspects of the Minister's work is the creation of the annual Budget which is announced to the Dáil in a speech delivered on the first Wednesday of December. In the Budget the Minister details the Government's spending programme for the coming year. In modern Irish politics it is considered a pre-requisite to hold the position of Minister for Finance prior to becoming Taoiseach. Ministers who held the Finance portfolio and went on to become Taoiseach include Jack Lynch, Charles Haughey, Albert Reynolds, John Bruton and Bertie Ahern.

[edit] Ministers for Finance 1919-present

# Name Took Office Left Office Party
1. Eoin MacNeill January 22, 1919 April 1, 1919 Sinn Féin
2. Michael Collins April 2, 1919 August 22, 1922 Sinn Féin
3. W.T. Cosgrave
(acting)
July 17, 1922 September 21, 1923 Pro-Treaty Sinn Féin
4. Ernest Blythe September 21, 1923 March 9, 1932 Cumann na nGaedhael
5. Seán MacEntee
(1st time)
March 9, 1932 September 16, 1939 Fianna Fáil
6. Seán T. O'Kelly September 16, 1939 June 14, 1945 Fianna Fáil
7. Frank Aiken June 19, 1945 February 18, 1948 Fianna Fáil
8. Patrick McGilligan February 18, 1948 June 13, 1951 Fine Gael
Seán MacEntee
(2nd time)
June 13, 1951 June 2, 1954 Fianna Fáil
9. Gerard Sweetman June 2, 1954 March 20, 1957 Fine Gael
10. James Ryan March 20, 1957 April 21, 1965 Fianna Fáil
11. Jack Lynch April 21, 1965 November 10, 1966 Fianna Fáil
12. Charles Haughey November 10, 1966 May 7, 1970 Fianna Fáil
13. George Colley
(1st time)
May 9, 1970 March 14, 1973 Fianna Fáil
14. *Richie Ryan March 14, 1973 July 5, 1977 Fine Gael
*George Colley
(2nd time)
July 5, 1977 December 11, 1979 Fianna Fáil
15. *Michael O'Kennedy December 12, 1979 December 16, 1980 Fianna Fáil
16. *Gene FitzGerald December 16, 1980 June 30, 1981 Fianna Fáil
17. John Bruton
(1st time)
June 30, 1981 March 9, 1982 Fine Gael
18. Ray MacSharry
(1st time)
March 9, 1982 December 14, 1982 Fianna Fáil
19. Alan Dukes December 14, 1982 February 14, 1986 Fine Gael
*John Bruton
(2nd time)
February 14, 1986 March 10, 1987 Fine Gael
*Ray MacSharry
(2nd time)
March 10, 1987 November 24, 1988 Fianna Fáil
20. Albert Reynolds November 24, 1988 November 7, 1991 Fianna Fáil
Charles Haughey
(acting)
November 7, 1991 November 14, 1991 Fianna Fáil
21. Bertie Ahern November 14, 1991 December 15, 1994 Fianna Fáil
22. Ruairi Quinn December 15, 1994 June 26, 1997 Labour Party
23. Charlie McCreevy June 26, 1997 September 29, 2004 Fianna Fáil
24. Brian Cowen September 29, 2004 Current Incumbent Fianna Fáil

The asterisk * shows Ministers who held both the Finance and Public Service portfolios at the same time.

[edit] See also

[edit] External link


Government of Ireland
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