The Cabinet has agreed to extend the level 5 lockdown until April 5th, with the Taoiseach set to address the nation at about 6pm.
Micheal Martin will also outline the timetable for re-opening schools starting from next week.
Leaving Cert students as well as the four youngest years of primary school - junior infants up to 2nd class - will return on March 1st.
Remaining primary school students and 5th year at secondary level will return on 15th March, subject to ongoing reviews.
Childcare services are set to re-open starting with the ECCE scheme on March 8th, and all childcare returning on 29th March.
The plan will also see the Pandemic Unemployment Payment and supports for businesses extended until the end of June.
There will also be an updated vaccination priority list, as people with underlying illnesses are set to be moved up the list.
While the Taoiseach Micheál Martin will give details of the revised living with COVID plan, it won't include dates for the re-opening of many sectors of the economy.