Paschal Donohoe

Paschal Donohoe (born 19 September 1974) is an Irish Fine Gael politician who has served as Minister for Finance since January 2025, and previously from 2017 to 2022.

From Trinity College, Donohoe was selected by the UK division of multinational company Procter & Gamble for their fast-track graduate training programme.

On 24 March 2009, he was nominated by Fine Gael to run in the Dublin Central by-election, caused by the death of Tony Gregory,[6] but he was unsuccessful in this election.

[5] Following the resignation of Lucinda Creighton, who had broken the government whip in a vote on the Protection of Life During Pregnancy Bill, Donohoe was appointed as Minister of State for European Affairs on 12 July 2013.

[8] During his tenure he oversaw the sale of the Government's remaining 25% stake in Aer Lingus, to the International Airlines Group, however, he was also confronted with a series of strikes by Dublin Bus, Luas and Irish Rail workers.

[10] In the weeks leading up to his first budget in October 2016, Donohoe took over most of the workload from Minister for Finance Michael Noonan, who had been hospitalised for a period.

[11] Hopes of a budget splurge were quashed after Donohoe signalled Brexit and other world events would have "seismic consequences" on Ireland.

During his tenure as Minister for Public Expenditure and Reform, Donohoe dealt with a number of complex issues, including a threatened strike by the Garda Síochána.

This resulted in the formation of a minority Fine Gael government with Independents, underpinned by a confidence and supply agreement with the main opposition party Fianna Fáil.

His period as Minister for Public Expenditure and Reform ended on 27 June 2020, following the formation of the 32nd government led by Micheál Martin.

[19] Donohoe is an opponent of the European Commission's Digital Services Tax, favouring a more globalised approach to the matter through the work of the OECD.

He is a staunch defender of Ireland 12.5% corporation tax, which he reiterates will neither go up nor down under his Government's tenure, offering security to businesses in that regard.

[22] In early January 2023, the Phoenix Magazine and the Irish Examiner revealed that Donohoe failed to properly declare a donation of services from a company in 2016.

The Standards in Public Office Commission (SIPO) made a complaint against Donohoe, stating that the Designer Group engineering firm used two company vans and six employees to erect and later remove election posters for Donohoe in his Dublin Central constituency during the 2016 general election campaign.

Donohoe meets with US Treasury Secretary Janet Yellen at the EU headquarters in 2021.
Donohoe takes his seat in the Convention Centre Dublin for the election of Micheál Martin as Taoiseach.
Donohoe and Austria's Finance Minister Gernot Blümel at a discussion event in 2020