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.
Wicklow Households Encouraged To Explore Grants To Lower Energy Bills
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
Greystones E-Bike Scheme Flourishing With Over 12,000 Recorded Trips
Tinahely Scoops Best Actress Award on All Ireland Stage