Richard Bruton
Question:78. Deputy Richard Bruton asked the Minister for Finance the innovations he plans for the upcoming statement of strategy of his Department. [36171/20]
View answerThursday, 26 November 2020
Questions (78)
Written answers
In accordance with the provisions of the Public Service Management Act 1997, my Department is currently preparing its Statement of Strategy for the period 2021-2023. The development of the new Statement of Strategy will reflect the objectives as set out in the Programme for Government. When finalised, it will serve as a framework for, and guide to, the business planning, resource allocation and risk management processes in the Department over the next three years.
In recent years, there has been significant reform and innovation in the Public Service. These changes continue to deliver improved services and cost effectiveness across a range of themes such as digital government, public procurement and shared services. Considerable reforms have been implemented to Ireland’s budgetary framework. The new approach is intended to permit a more open budgetary process, allow stronger dialogue with the Dáil on key elements and facilitate the continued central role of Government in the development of budgetary proposals, consistent with the maintenance of stable public finances.
My Department plays a central role in the achievement of the Government’s economic, fiscal and financial goals. The macroeconomic, fiscal and financial implications of having to live with the implications of Covid-19 will frame all aspects of the Statement of Strategy and will inform all of the key challenges and opportunities within our operating environment.
Through this Strategy, my Department will implement policies to support economic stabilisation and fiscal sustainability and will shape banking and financial services policy for a modern vibrant economy that supports innovation and sustainability.
My Department also has a significant role in EU and international matters, carrying out a broad range of activities as well as international outreach. Development and implementation of strategies at EU/Euro area level and internationally in relation to economic, fiscal and financial policy formulation will feature in the new Statement of Strategy objectives. Since the onset of the Covid-19 pandemic, the management of this aspect of my Department’s remit has allowed my Department to pursue innovative initiatives which we will continue to enhance under the new Statement of Strategy.
I understand that the Department of Public Expenditure and Reform recently published an innovation strategy for the Public Service and hosted an innovation strategy workshop to provide guidance on incorporating innovation into the Statements of Strategy of Government Departments. The guidance provided in this new innovation strategy will help us in continuing to grow innovation across Government Departments.