Ministers will meet at Stormont on Friday to discuss the implications of the budget cuts
Finance Minister Sammy Wilson is to brief his executive colleagues on the implications of the Spending Review for their departmental budgets.
Assembly ministers will get a detailed briefing but will not be taking any decisions.
Mr Wilson said NI is facing cuts of £4bn over the next four years.
The assembly will return for a special session to discuss the impact of the Spending Review on the local economy next week.
Capital funds for roads, hospitals and public projects in NI will have to be cut by about 40% by 2014/15.
In terms of current spending, the money to pay wages and other regular costs will fall by 8% over four years.
Mr Wilson will circulate a spending paper next week.
The Department of Finance is at odds with the Treasury over the extent of the cuts.
Finance Minister Sammy Wilson arrived at an overall figure of £4bn by taking annual reductions in the Northern Ireland grant in each of the next four years and adding them together
The Treasury says the cut is less than half of that.
It arrives at its figure by comparing the NI grant for this financial year to what it will be in 2014/15.
Politicians in Northern Ireland have widely condemned the cuts, described by Secretary of State Owen Paterson as “a quite remarkable deal”.
Sinn Fein president Gerry Adams described the cuts facing Northern Ireland as “unacceptable”.
Mr Adams said Chancellor George Osborne showed “the awful ignorance of a British Tory minister in dictating how people here should live”.
He said the government should be “stimulating, not slashing” the economy.
Social Development Minister Alex Attwood has urged Northern Ireland minister’s to take a “mature” approach to managing the government’s spending review.
Mr Attwood said the executive must put the “poor and needy” at the heart of its financial planning.
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