A summit on competitiveness will be held in Government Buildings.
The gathering, which was attended by the Taoiseach, the Tánaiste and the economic ministers focused on business competitiveness.
They discussed a draft Action Plan on Competitiveness and Productivity, which focuses on matters within the coutry's control "that can make the Irish economy more competitive and 'shock-resistant’ to future adverse economic events".
The Taoiseach Micheál Martin said the plan will "set out ways to reduce the cost and regulatory burden on businesses, support research and development and innovation, improve planning and regulation, and invest in infrastructure and energy reform".
Minister for Enterprise Peter Burke addressed what needs to be done in order to retain jobs.
He previously said he would be setting out "15 clear wins" or measures that the Government can take in the short term.
The minister said to support enterprise and jobs, the Government is "prioritising strategic infrastructure investment" and "fostering growth in critical technology sectors" among other measures.
Read more: Minister wants to bring forward competitive action plan for businesses
Minister Burke will tell cabinet colleagues that major investment is needed in areas such as energy capacity, water services and housing to ensure Ireland does not lose out on the jobs of the future.
Tánaiste Simon Harris told the summit that the Government is "working constructively to protect Irish jobs and investment and shield Irish businesses and consumers from any negative impacts".
He said the Competitiveness and Productivity Action Plan will help insulate businesses from some uncertainties.
