Coalition leaders and senior ministers will consider a new round of cost-of-living supports today, ahead of announcing their decision on Tuesday.
Extra supports including a double social welfare payment and an additional energy credit are under consideration.
Working families are among the groups set to be supported through additional cost of living supports.
Leo Varadkar says the government will take a 'targeted approach' to the measures, and will prioritise pensioners, social welfare recipients and families
However, Mr Varadkar re-iterated that this new package would be no mini-budget, and added that the coalition needs to strike a balance between being affordable for the taxpayer, and offering sufficient help to businesses.
But there is growing concern that the VAT cut for the tourism and hospitality sector will not be extended, despite calls for it to remain at 9 per cent.
Meanwhile, The Green Party is expected to block the introduction of a fourth electricity credit this summer, as it will argue the rollout of any further universal support to families to off set their energy bills should be delayed until later in the year