Political negotiations to avoid a general election in Ireland need to be concluded within weeks to provide stability in advance of Brexit, the country’s finance minister has said.

Paschal Donohoe said talks with main opposition party Fianna Fail on extending the confidence supply deal that is keeping the minority Fine Gael-led government in power need to be completed soon.

Taoiseach and Fine Gael leader Leo Varadkar has earmarked Halloween as a potential deadline for concluding the exchanges.

Irish Budget
Taoiseach Leo Varadkar has said he would like talks on extending the confidence and supply agreement completed by Halloween (Brian Lawless/PA)

But Fianna Fail leader Micheal Martin has expressed doubt about that timeframe, insisting a detailed review of the outworking of the deal is required first.

If the talks fail to secure an extension to the confidence and supply arrangement, Ireland will be facing a winter general election only months before Brexit.

The pact between the two arch-rivals of Irish politics was struck after marathon negotiations following the inconclusive 2016 general election. It was to last three Budgets.

Irish Budget
Fianna Fail leader Micheal Martin has insisted on a detailed review of the confidence and supply arrangement (Brian Lawless/PA)

The third Budget was unveiled by Mr Donohoe in the Dail parliament on Tuesday.

Fielding listener calls on RTE Radio One on Wednesday – a post-Budget tradition in Ireland – Mr Donohoe reiterated his party’s desire for the confidence and supply agreement to be extended to the summer of 2020.

“What the Taoiseach wants to see happen is get ourselves to a point that we have stability and certainty regarding where the Dail is going to end,” he said.

“But it is important to see if we can reach agreement in relation to this soon.”

Budget 2019
Finance Minister Paschal Donohoe’s takes calls from members of the public on the 2019 Budget on the Sean O’Rourke show at RTE in Dublin (Niall Carson/PA)

In regard to Fianna Fail, he added: “They have said on many occasions what they want to do is play a constructive role within the Dail. I think it is a good development that Deputy Martin contacted the Taoiseach last night.

“If we are all serious, which I believe many are, about trying to create an atmosphere of political stability to deal with challenges such as Brexit then I think it is in the interests of all that that can be achieved.”

Earlier Mr Martin told RTE that he did not see negotiations concluding by Halloween.

He said there was a need to analyse in close detail how the deal had operated since 2016, expressing concern that the Government had failed to deliver on key issues, such as health and housing.

“A review is about understanding why certain things happened and why other things didn’t happen, and in terms of housing and health there are big questions,” he said.

Addressing speculation that Mr Varadkar might be wanting to force a pre-Christmas election to give him the chance to form a majority administration, Mr Martin said: “If the Taoiseach wants a general election then he should come out and say he wants a general election.”

Speaking in the Dail on Wednesday afternoon, Mr Varadkar acknowledged the “constructive and positive role” played by Fianna Fail in its third Budget under the confidence and supply arrangement.

Meanwhile, at a press conference at Government Buildings in Dublin, the children’s minister said she would not be surprised if there was a general election before the end of the year.

Katherine Zappone said the outcome of the Brexit negotiations at next week’s European Council summit in Brussels, and the outcome of the talks between Fianna Fail and Fine Gael, would determine whether an election was called.

“What happens in relation to Brexit next week is really critical, and also what happens in relation to negotiations between Fine Gael and Fianna Fail,” Ms Zappone said.

She added: “I’m ready whenever. I am ready. And it wouldn’t completely surprise me if it was before the end of this year. I would hope that it wasn’t.”

The Independent minister said she hoped a deal would be struck quickly between the two political parties.