The Budget deficit for 2020 is likely to be 24 to 30 billion euro.
That's according to the Irish Fiscal Advisory Council, which has released its pre-Budget statement for 2021.
It says the biggest risks to the Irish economy next year are Covid-19 and a no deal Brexit, and recommends a contingency for both scenarios.
Chairperson of the council, Sebastian Barnes, says although the pandemic has been bad for the economy, there are signs of improvement:
Daina Moorehouse On The Brink Of Medal After Two Victories In Brazil World Cup
Wicklow star wowing the crowds with precision and skills at the World Cup in Brazil to secure a medal bout
Wicklow Households Encouraged To Explore Grants To Lower Energy Bills
Grants for solar, heat pumps and insulation can lower bills, make homes warmer, and put money back into people's pockets.
New Equipment To Support Disabled Water Sports Users In Accessibility Boost For Bray Harbour
Dominant Daina Moorehouse Into World Cup Last 16 After Opening Brazilian Bout
Enniskerry Boxing Club's Daina Moorehouse continues to carry the flame of pioneering Katie Taylor in amateur boxing with a commanding opening win at the World Cup in Brazil
Greystones E-Bike Scheme Flourishing With Over 12,000 Recorded Trips
Get on yer bike! They certainly are in Greystones ........ in their droves and a year-on from the e-bike roll-out in the north Wicklow town it seems they can't get enough.
Heavy rain shower
High: 14°C | Low: 9°C
Heavy rain shower
High: 14°C | Low: 9°C
Heavy rain shower
High: 18°C | Low: 8°C
Heavy rain shower
High: 18°C | Low: 7°C
Heavy rain shower
High: 18°C | Low: 7°C
