The Department of Finance has announced an internal reorganisation, including the creation of an Economics division to focus on economic planning and performance monitoring.

It is also setting up a project management unit to deliver commitments in the EU/IMF programme and in the Department’s strategy document, to be published today.

New structures for the Department reflect new priorities, with Economics and economic planning upgraded to form one of four operating divisions in the department.

The others are an international division, to deal with both external organisations and international economic opportunities, a financial services division encompassing the IFSC and the domestic banking sector, and a fiscal division encompassing the traditional departmental functions of tax and budget policy.

It sets economic growth and employment creation as performance measures, and says it will promote pro-growth measures at EU and international level.

In a statement of principles the Department says "we must be prepared to play a greater and more robust role in challenging the advice we receive and questioning fully the direction adopted by others.

Recently appointed Secretary General at the Department of Finance, John Moran says he wants to encourage an open culture within the Department where people are capable of speaking openly.

Speaking on RTÉ's News at One, he said the Department is setting up a number of themed committees to encourage debate around issues, and these discussions can be passed up to the minister and the Economic Council.

He said the Department wanted to move away from crisis management to much more strategic planning, and that required extra resources.

He said: "If you want to really have sustained delivery of good policy choices, you have to invest in that.

''And that will mean investing in training, enhancing the use of technology in the department to make us a lot more efficient, and every so often, actually investing in bringing in extra skill sets."