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It is understood that while there will be contacts between ministers in the coming days, there will not be another formal meeting until Tuesday, when ministers are likely to sign off on final decisions for the budget a week later.
Each year minsters hold a weekend meeting to sign off on budget decision, but the scale of the crisis means that this was the second such meeting this year.
The focus was on achieving massive savings in public spending, but ministers also have to consider ways of raising additional income through taxes.
On their way in to the meeting this morning, a number of ministers repeated that in terms of budget cuts nothing was being ruled in or out.
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Today's special cabinet meeting came on the backdrop of the worst exchequer returns for years. The government has already held a number of such meetings, but the sheer scale of its task became even more evident with this weeks third quarter exchequer figures. They show a government deficit of € 9.4 billion and the need to borrow € 11.5 billion.
There will be more discussions before delivery of what promises to be the worst budget in 20 years, as the government tries to strike a balance between maintaining front line services and jobs and the implementation of drastic savings.
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