IBEC is forecasting strong growth in the Irish economy this year.
The employers group says it expects GDP to be 5.4 percent - up from its previous estimate of 4.8 percent at the end of last year.
It also says unemployment will fall below 9 percent in 2015.
Chief Economist at IBEC Fergal O'Brien, says favourable exchange rates, quantitative easing and lower oil prices are why they've decided to revise up their growth forecast: