A wide-ranging review of the Department of Finance and its management of the financial crisis will be carried out by independent experts, Minister for Finance Brian Lenihan has announced.
The review which will “evaluate the systems, structures and processes used by the Department of Finance in providing advice to the Minister and the Government” will be carried out separately from the commission of inquiry into the banking crisis.
The Minister said yesterday he wanted to ensure for the future that the department could give the best achievable policy advice; could better assess risks and opportunities in the fiscal, economic and financial system; and could manage its own operations with high levels of effectiveness and efficiency.
Bookmarks