The Government has been advised to introduce a "significant" stimulus plan for the economy, once the immediate Covid-19 crisis is over.
However, the Irish Fiscal Advisory Council has also warned that "all options must be kept on the table", including spending cuts and tax rises to bring the public finances back in line once the recovery takes hold.
Covid-19 will deliver a "prolonged and severe shock" to the economy, according to the Council, which acts as a watchdog for the public finances .
That's why it is advising the government to implement a "significant" plan of investment to stimulate the economy back to life.