Taoiseach Enda Kenny is to address the nation on RTÉ One after the Nine News as the three-year bailout loan programme comes to an end.
It is expected he will thank the country for sacrifices after almost three years of austerity to meet tough bailout targets set by the lending Troika.
Ireland received the last tranche of funds from the €85bn loan on Friday - when Minister for Finance Michael Noonan branded the people of Ireland as the "real heroes and heroines" of the story.
However, Mr Noonan warned a long road to recovery still lies ahead and described the economic meltdown as the greatest crisis the country has endured since the Famine.
Mr Noonan insisted the Government is committed to both getting people back to work and helping Irish emigrants return home.
The country's finances, budgets and policies have been under intense scrutiny since the previous Fianna Fáil-led government agreed to a massive loan package in 2010.
The Troika of lenders - the International Monetary Fund, the European Central Bank and European Commission - have carried out 12 intense reviews over the last three years and imposed a series of tough targets, all of which were met by the State.
During the period, austerity has seen taxes rise by €5.3bn with public spending cut by a cumulative €9.6bn.
First Eurozone state to complete bailout programme
After virtual full employment before the banking crash in 2008, the unemployment rate rose to 15% but has recently dropped to 12.5%.
The country will become the first Eurozone state to have successfully completed a strict bailout programme.
Little is expected to change come tomorrow morning, but Mr Noonan predicted a "change in perspective" in that Ireland will have control over its own destiny.
From abroad it looks to many like the most successful bailout in the Eurozone crisis - but within the country the legacy of the financial crash is far from over.
Banks, which have not already pulled out or been liquidated, are struggling with high levels of non-performing loans.
Personal debt and unemployment remain high and services have been cut.
Despite the difficulties, the numbers gaining employment are growing, the property collapse has come to a halt and the economy is stabilising.
Mr Kenny will be seeking to find the right tone in tonight's television address.
He will have to acknowledge the achievement in exiting bailout without sounding triumphant to those bruised by recent years.
Jobs and living standards now the priorities - Varadkar
Speaking on RTÉ's This Week programme this afternoon, Minister for Transport Leo Varadkar said the Government's priority is to create jobs and restore living standards.
He said the the coalition's post-bailout programme involves targets to bring the budget back to balance, policies to create jobs, and reduce the national debt.
He said today was a major milestone for Ireland and a step along the road to recovery.
However, he said that this was only a step along the way and not something to celebrate.
Enda Kenny's address to the nation will be LIVE on RTÉ One and on RTÉ News Now at 9.30pm
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