The Department of Finance says GDP will likely fall by 2.5% in 2020 - compared to the last forecast of a 10% hit.
That's mainly due to a surge in exports from the pharmaceutical sector.
The unemployment rate is expected to be 16 per cent at the end of this year - falling to 10 per cent in 2021.
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Sunny intervals
High: 21°C | Low: 14°C
Sunny intervals
High: 20°C | Low: 14°C
Sunny intervals
High: 22°C | Low: 12°C
Sunny intervals
High: 23°C | Low: 12°C
Sunny intervals
High: 24°C | Low: 13°C
