Micheál Martin said current projections have the economy continuing to grow but the international situation is very uncertain.
The state doesn't have an estimate for how much the war is going to cost Ireland from a financial point of view.
Micheál Martin has said Ireland entering recession is something which can't be completely ruled out:
"I can never promise anybody about economic cycles. We're an open exporting economy and so we export to markets like the United States, like the European Union, that are big markets for us. And if they come under pressure, invariably our companies don't sell as much in terms of European consumers and industry and so on."
