The Taoiseach has ruled out a mini-budget to help alleviate pressures from the rising cost of living.
Micheál Martin said the Government is examining a number of ways to ease costs, but does not want to do anything that could make inflation worse.
"We are conscious of the cost of living issue, in December [inflation] was about 5.7%, it came down to 5% in January, but still there is an expectation that these are very high levels, we haven't experienced for a long time," he said.
The issues are "mainly global and mainly outside our control" but ministers are examining what measures can be taken.
"There won't be a mini budget or anything like that, but we are looking at further ways we could ease the situation for people in terms of the costs they have to incur," he said.
Changes to taxation or to social welfare rates are not likely, with government sources saying they are keen to avoid any "unpicking" of last October's Budget.
The focus will be largely on energy costs, as well as reducing fees charged for state services in the areas of health, transport and education.
An increase in the €113 electricity rebate is widely expected by ministers.
