The Dáil will now debate the International Monetary Fund report after the Government came under pressure from Opposition parties.
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Fine Gael, Labour and Sinn Féin said they would withdraw cooperation on the business of the House if deputies were not allowed discuss the document.
At the outset of the Order of Business this morning, Fine Gael's Richard Bruton insisted that the IMF report - which paints a bleak picture of the Irish economy - had to be debated before the July recess.
Minister for Finance Brian Lenihan responded by saying he would welcome such a move but it was a matter for the party whips who organise Dáil business.
Labour's Pat Rabbitte said his party would withdraw cooperation if a debate on the IMF document was refused.
Pointing to Mr Lenihan, his party colleague Joan Burton said 'not since Pontius Pilate' had anyone washed their hands so thoroughly of a report.
As the exchanges showed no sign of subsiding, the Ceann Comhairle called a ten minute adjournment; when TDs returned Brian Lenihan said he had taken the opportunity to review the opportunities for a debate and they could discuss the report next week.
Lenihan says IMF report is fair
Earlier, Mr Lenihan insisted the Government was moving with resolve to turn the economy around.
Speaking on RTÉ's Morning Ireland, he conceded that the IMF report was realistic and fair.
The IMF warned that the collapse of Irish tax revenue could push the deficit up to 12% of national income.
Mr Lenihan also said the Government had to be careful about spending money on job support subsidies.
He said the IMF supports the Government in the measures it is taking to repair the public finances and save the banks.
Admitting that he regretted what happened to the economy, Mr Lenihan stopped short of an apology when pressed.
The minister said the IMF had not singled out the Taoiseach for special criticism and he added that the Opposition had failed to come up with alternatives during the boom years which might have averted the crisis.
Mr Lenihan said he had met IMF economists during their visit to Ireland and it was the toughest interview he had endured since becoming Minister for Finance.
On NAMA, he said the IMF and the Government were in broad agreement and that he had always made it clear that the public ownership of particular lenders would increase if their future losses were of a sufficiently large scale.
Minister Lenihan offered to meet the small and medium enterprises organisation, ISME, to deal with its concerns about late payments of bills.
He said the Government had to be careful about spending money on job support subsidies because of the negative impact it could have through undermining and displacing other jobs.
