IBEC forecasts growth of almost 3% in 2014

IBEC is predicting a new phase of strong economic growth following Ireland's exit from the bailout programme.

In its new economic outlook, the group that represents Irish business, is forecasting economic growth of nearly 3% next year.

The body says it expects 2014 will also be another good year for job creation.

The Head of Policy and Chief Economist with IBEC, Fergal O'Brien, says the bailout exit will boost consumer and business confidence.