Business leaders and industry experts will be drafted in to advise the next government on a Covid-19 recovery plan.
A new economic taskforce will draw on the experience of senior figures in business and academia to help re-boot the economy in the aftermath of the coronavirus emergency.
The proposal is being discussed by Fianna Fáil and Fine Gael teams as part of the government formation negotiations.
The two parties are working towards publishing a policy framework tomorrow which will be presented to other parties and Independents interested in entering government.
A Fianna Fáil source said the taskforce will allow business leaders to suggest what can be done to help speed up the recovery.
A Fine Gael source said the next government should take as much advice from outside experts as possible when seeking to restore the economy.
However, the source involved in the talks said the next government will have to be wary of vested interests if it is involving business in economic plans.
The proposal to involve outside experts in the economic recovery was first raised by Independent TD Denis Naughten in negotiations with Fianna Fáil and Fine Gael.
Writing in today's Irish Independent, Mr Naughten said the next government should establish an "independent Covid-19 recovery squad".
"These would be people who have stepped back from their roles as business people, entrepreneurs, financiers or academics and who want to give something back to our Republic, something which will last for generations to come," he said.
"They would take a day or two a week to look at the merits of a proposal, which comes not just through the traditional policy avenues, but from business people, innovators and our citizens - people who have a different perspective on providing solutions to age-old problems," he added.
Mr Naughten is still interested in entering government and said a commitment to involving outside experts in the economic recovery would be key to his final decision.
Meanwhile, it has emerged that the cost of using the Dublin Convention Centre for TDs to try to elect a Taoiseach while complying with social distancing rules will run to at least €160,000.
The Dáil's business committee has signed off on a proposal for the Dáil to sit in the 8,000-seater venue on Dublin's North Wall Quay when TDs make their next attempt to elect a Taoiseach once a new government is formed.
Leinster House authorities had been seeking alternative venues to hold a full sitting of the Dáil to elect a Taoiseach due to the coronavirus restrictions. Recent sittings of the Dáil in Leinster House have been restricted to a maximum of 50 TDs for votes and 20 at any one time during normal debates.
The Oireachtas said yesterday that while there is no cost for hiring the Convention Centre, there will be an initial €110,000 one-off set-up cost primarily relating to equipping the venue's auditorium with microphones for use as a Dáil chamber, as well as broadcasting costs.
Each sitting day will cost around €50,000, which means the bill will reach more than €200,000 if TDs fail to elect a Taoiseach the first time they meet at the venue.
Meanwhile, newly elected Fianna Fáil senator Malcolm Byrne has hit out at the "archaic" computer systems in Leinster House and insisted the parliament should be able to meet virtually.
In a letter to Ceann Comhairle Seán Ó Fearghaíl, Mr Byrne said: "There is no reason why we cannot have a virtual parliament for the period of this crisis.
"I think it will also allow the public to watch and engage more with how politics operate.
"Politicians need to show leadership and shouldn't be gathering in one place which increases risk of transmission of Covid-19 but that does not mean that there can't be ways of using new technology to hold Government to account, nor indeed for policies to be developed," the Wexford senator added.