The Parliamentary Budget Office (PBO) has said "substantial" extra borrowing will be required to cover the cost of tackling the Covid-19 pandemic.
In an analysis published today, the PBO says the total cost of the spending already planned by the Government is €6.7bn. This includes the Covid-19 unemployment pandemic payment, illness benefit and wage subsidy schemes.
It also includes the initial extra expenditure in health and business support programmes. But it does not include the cost of hiring retired healthcare workers, the deal to use private hospitals or additional supports for GP's and healthcare students.
It says the final costs are difficult to predict, particularly as it is not known if the initial 12-week period of emergency