Minister for Finance and President of the Eurogroup Paschal Donohoe travels to Washington DC today for a series of engagements.

This is the Minister's first in-person visit to the US since the Covid-19 pandemic started.

The Finance Department said the Minister's visit is an opportunity to build further on the strong bilateral relationship between Ireland, Europe and the US.

Mr Donohoe hosted the US Secretary of the Treasury, Janet Yellen, in Dublin last November.

He has also held a number of virtual and in-person engagements with representative of the US Administration and Congress over the past two years, both in his capacity as Minister for Finance and as the President of the Eurogroup.

During his visit to the US, Paschal Donohoe will meet with Ms Yellen to discuss the economic situation in the US, Ireland and the euro area, taking into account the response to the war in Ukraine.

They will also discuss the EU economic governance review, investment, the future of digital currencies as well as the global tax reform process.

He will also meet with the IMF Managing Director, Kristalina Georgieva and plan to discuss the International Financial Institutions' response to the war in Ukraine, the economic situation in the euro area, and global economic developments.

"We face a challenging, uncertain time as we continue to work on returning our citizens to health and our economies to growth, particularly in light of the unwarranted aggression by Russia against Ukraine," Mr Donohoe said.

"Coordinated action between international partners, both bilaterally and multilaterally, is vital in order to manage these challenges and implement policies and measures that will help people in their everyday lives," he added.