(CNN) -- Ireland may face another round of tough economic measures when the Irish finance minister unveils the country's 2011 budget Tuesday.
The new budget will be based on a four-year plan of public spending cuts and tax hikes announced by Ireland last month as a way to tackle its massive debt.
Ireland agreed last week to 85 billion euros ($113.7 billion) of financial support from the European Union, individual EU states, and the International Monetary Fund.
The goal of the aid, the government said, is to return its economy to sustainable growth and restore the health of its banking system.
The four-year austerity plan achieves savings through welfare cuts worth 10 billion euros ($13.4 billion) and higher taxes, expected to bring in 5 billion ($6.7 billion). CNN
