The Pat Kenny Show Minister for Finance Paschal Donohoe is to resign from Government
Nov 18, 2025
Jack Horgan-Jones, a political correspondent at the Irish Times, shares breaking news about Pascal Donohoe's resignation as Minister for Finance to join the World Bank. They discuss Donohoe's influential political career and his decision's impact on Irish politics. Jack reveals details about the World Bank position and Donohoe's past international roles, highlighting the potential consequences for the government, including a Dublin Central by-election and cabinet reshuffle. They also consider Donohoe's ambitions and legacy within Fine Gael.
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Donohoe's Departure Is Politically Momentous
- Pascal Donohoe's move to the World Bank is a major career step and signals significant change in Irish politics.
- His selection as managing director (effectively number two) reflects his Eurogroup profile and international credibility.
Eurogroup Role Boosted His Global Prospects
- Donohoe's Eurogroup chair role and finance minister experience made him a natural candidate for global finance jobs.
- His prior links to IMF leadership show this exit was anticipated over many months.
A Tough Personal Choice Versus Public Duty
- Donohoe previously framed his core identity as TD for Dublin Central despite high-profile roles.
- Leaving that role for the World Bank marks a personal and political turning point.