The Taoiseach and the Minister for Finance are reportedly set to announce major reforms of the public sector that will include significant lay-offs and the rationalisation of more state agencies. It is believed as many as 75,000 jobs could be lost.

Many feel the move is long overdue with bloated agencies costing millions per year on wages, first class transatlantic flights and high-class Eastern European escorts. The most radical changes will be made in the health service with the entire HSE to be abolished from the end of March 2009.

A network of witch-doctors is to be assigned to each postcode in the Dublin area while travelling clinics will treat the rest of the country.

To oversee the changes a new agency, the National Operations Bureau (NOB), will be established. This agency will oversee spending, job creation, state purchases and the day to day running of the public sector in general.

It is thought as many as 75,000 jobs could be created.