Minister for Finance | |
---|---|
Department of Finance | |
Member of | |
Reports to | Taoiseach |
Seat | Government Buildings, Merrion Street, Dublin, Ireland |
Appointer | President of Ireland on the nomination of the Taoiseach |
Inaugural holder | Eoin MacNeill |
Formation | 22 January 1919 |
Website | Official website |
The Minister for Finance (Irish : An tAire Airgeadais) 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 Jack Chambers, TD. [1] He is assisted by one Minister of State Neale Richmond, TD.
The Minister for Finance holds the second most important ministerial position in the Irish Cabinet after that of the Taoiseach. The minister is in charge of the Department of Finance responsible for all financial matters in Ireland. It 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).
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:
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