Minister for Justice Dermot Ahern has said he expects the four-year Budget strategy to be published early next week.
Mr Ahern also said that Ireland was in constant contact with the European Commission but he said the nature of these talks was about the pressure on the euro.
He said Ireland had not applied to the IMF for assistance. He said the country was fully funded until mid 2011.
Responding to comments from the Governor of the Spanish Central Bank that Ireland needed to take action sooner rather than later, Mr Ahern said the less said and the less speculated, the better.
The cost of borrowing for Ireland has declined today to 8.1%. This compares with highs of over 9% last week.
Today's reduction on the bond markets follows a frenzy of media speculation over the weekend that Ireland was being urged to accept financial assistance.
The European Commission acknowledged that Ireland had come under pressure to accept a bail-out today.
But a spokesman for Economic and Monetary Affairs Commissioner Olli Rehn said that pressure was not coming from the European Commissioner but another player.
It is becoming increasingly clear that the Irish banking system's funding problems have deteriorated in recent weeks. That issue has caused significant concerns in Europe.
Between August 27 and October 29 the Ireland's banks received an additional €20 billion in emergency liquidity funding from the Central Bank. At the same time Irish financial institutions have also seen support from the European Central Bank jump to about €90 billion.
Earlier, another Government minister reiterated a denial that Ireland was in direct discussions about a bail-out package from the European Union, but he said 'continuous talks' were taking place.
'The argument that Ireland is about to go banging on the door of the IMF or needs to take an EU bailout is simply wrong but if it gets more legs, it could be very, very dangerous,' the Minister for European Affairs Dick Roche said.
The interest rate demanded by investors to lend money to Ireland for ten years stood at 8.1% this evening.
