Finance & Economics | WPN World People News

An International Monetary Fund (IMF) team, led by Laure Redifer, visited Kigali from March 22–April 5, 2016 to carry out discussions with the Rwandan authorities on the fifth review of their economic and financial program supported by the IMF’s Policy Support Instrument (PSI), and to reach understandings on economic policies that could be supported under the IMF’s Stand-by Credit Facility (SCF).

World Bank Group President Jim Yong Kim said on Tuesday that the world’s powers need to pay far greater attention to boosting developing economies and creating jobs in the most fragile countries in order to give more opportunity to people in those nations and to prevent future refugee crises.

An International Monetary Fund (IMF) mission visited Pristina during March 23–April 5 to conduct the second review of Kosovo’s economic program supported by a Stand-By Arrangement (SBA).

The number of job openings was little changed at 5.4 million on the last business day of February, the U.S. Bureau of Labor Statistics reported on April 5. Hires increased to 5.4 million while separations were little changed at 5.1 million. Within separations, the quits rate was 2.1 percent, and the layoffs and
discharges rate was 1.2 percent. This release includes estimates of the number and rate of job openings, hires, and separations for the nonfarm sector by industry and by four geographic regions.

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced on April 5 that the goods and services deficit was $47.1 billion in February, up $1.2 billion from $45.9 billion in January, revised. February exports were $178.1 billion, $1.8 billion more than January exports. February imports were $225.1 billion, $3.0 billion more than January imports.

UK Government has pledged that British steel companies will be able to compete on a level playing field for contracts across the public sector, under new measures announced on 3 April.

As a result of one of the first measures in the Capital Markets Union Action Plan, insurers will find it more attractive and cheaper to invest in infrastructure projects as of 2 April 2016.