Paschal Donohoe, TD
Paschal is the Minister for Public Expenditure, National Development Plan Delivery & Reform.
He served as Minister for Finance from June 27th 2020 to 17th December 2022. He was re-appointed Minister for Finance on June 27, 2020.
Paschal was appointed Minister for Finance, Public Expenditure & Reform on 14 June 2017. He previously served as Minister of Public Expenditure and Reform from May 6, 2016 to June 27, 2020. He previously served as Minister of Transport, Tourism and Sport from July 2014 to May 2016. He was the Minister of State for European Affairs at the Departments of the Taoiseach and Foreign Affairs and Trade from July 2013 to July 2014. He was elected to the Dáil in February 2011, and was previously elected to Seanad Éireann in 2007, where he was the Fine Gael Seanad Spokesperson on Transport.
Paschal was a member of Dublin City Council from 2004 to 2007. He was educated at St. Declan’s CBS, Cabra and Trinity College, Dublin. After graduation he worked in the UK and Ireland, and became the Sales & Marketing Director for a multinational company. Paschal is married with two young children and lives in Shandon Park, Phibsborough.
News & Statements
Statement from Minister Donohoe following meeting with East Wall residents
“I want to thank the representatives of the residents of East Wall for meeting Minister O’Gorman and I.25th November 2022
Statement by Minister for Finance and Fine Gael TD for Dublin Central, Paschal Donohoe
I note the publication by the Department of Foreign Affairs of documents regarding the appointment of a Special Envoy for Freedom of Opinion and Expression.6th September 2021
Statement by Minister Donohoe following NatWest’s annual results and decision taken on the future of Ulster Bank in Ireland
Speaking this morning (Friday) following the announcement by National Westminster Bank plc (NatWest) that Ulster Bank Ireland DAC (Ulster Bank) is to withdraw from the Irish market, the Minister for Finance, Paschal Donohoe TD, said it is a difficult day from an Irish banking perspective, and also for the Ulster Bank staff who are receiving news of this development.19th February 2021
Minister Donohoe publishes an Update to Ireland’s 2018 Corporation Tax Roadmap
The Update takes stock of the changing international tax environment, outlines the significant actions Ireland has taken to date and the further actions that will be taken over the coming years.14th January 2021
Donohoe welcomes Commission’s proposal on Brexit Adjustment Reserve allocations
The Minister for Finance, Paschal Donohoe T.D., today (Tuesday) welcomed the European Commission’s proposal on the Brexit Adjustment Reserve, which aims to provide financial support to the Member States and sectors most adversely affected by the UK’s withdrawal from the EU.13th January 2021
Minister Donohoe encourages businesses to avail of supports as further restrictions take effect
The Minister for Finance, Paschal Donohoe TD, has today (Friday) encouraged businesses to avail of the range of support schemes in place to reduce the impact of new public health restrictions on their business.8th January 2021
Government extends subsidy rates for the Employment Wage Subsidy Scheme until March 31st
The Minister for Finance, Paschal Donohoe, T.D., has today (Wednesday) announced that the current rates of subsidy provided by the Employment Wage Subsidy Scheme (EWSS) will remain in place until 31 March 2021, aligned with the extension of the rates of the Pandemic Unemployment Payment (PUP). Both measures were agreed at Government today.6th January 2021
Deficit of €19 billion expected in 2020: Taxes down €2.1 billion & expenditure up €17.9 billion on 2019 - Donohoe & McGrath
An Exchequer deficit of €12,316 million was recorded to end-December 2020. This compares to a surplus of €647 million in 2019. The €12,963 million year-on-year deterioration in the Exchequer balance is primarily driven by increases in voted expenditure. Cumulative tax receipts of €57,165 million at the end of the year were down by 3.6 per cent or €2,149 million on last year. Receipts in 2020 benefitted from a strong performance in January and February, as well as solid income and corporate tax receipts, which have compensated — to an extent — for sharp declines in other tax heads, notably VAT and excise receipts.5th January 2021
Budget Statement of the Minister for Finance and Public Expenditure and Reform, Mr. Paschal Donohoe T.D.
Today I present my second Budget to this house and to the Irish people as the Minister for Finance and Public Expenditure and Reform. A decade on from the financial and economic crisis that wrought havoc with the lives and aspirations of so many of our citizens, I can report that our economy is again growing strongly and sustainably.9th October 2018
Upper Merrion Street