Thursday 19 April 2018

Ronan Fanning: Finance reinvention begins task of shaking off grip of 'dead hand'

The department's revised strategy statement is a blueprint for radical change, writes Ronan Fanning

NINETY years have passed since Michael Collins established the Department of Finance in 1922 and the time has come for its reinvention.

Readers of the austere revision of the Department of Finance's strategy statement published last Thursday will look in vain for such a bold and unvarnished statement. But that is at once its subliminal message and the historical reality.

Less than two months have passed since I applauded Michael Noonan's courage and imagination in persuading the Government to appoint an outsider, John Moran, as the department's new Secretary General. Although I then expressed the hope that it might signal the first step on a path leading to the creation of a new Ireland, I never imagined that we would so soon be presented with a blueprint for radical change.

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