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:
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A search and recovery operation was launched on Wednesday evening
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SETU Offers Online & Chat Support To Students as CAO Offers Are Released
"It’s natural to feel overwhelmed, but it’s important to remember you are not alone"
Street Lighting In Arklow And Across South Wicklow Continues To Cause Concerns
Local TD slams public lighting situation in Arklow and South Wicklow
8:00pm - 10:00pm
Love Songs on the Coast
Light rain
High: 16°C | Low: 13°C
Light rain
High: 17°C | Low: 13°C
Light rain
High: 17°C | Low: 11°C
Light rain
High: 16°C | Low: 12°C
Light rain
High: 17°C | Low: 12°C