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Mandate of NDB Needs to Be Renewed with Focus on Greater Agility and Efficiency: FM
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7 Articles
New Development Bank Must Support SMEs and Women-led Enterprises: Nirmala Sitharaman
Get latest articles and stories on Business at LatestLY. Speaking at the 10th Annual Meeting of Board Governors of the New Development Bank, Finance Minister Nirmala Sitharaman on Friday suggested that the multilateral development bank should play a catalytic role in unlocking private sector capital. Business News | New Development Bank Must Support SMEs and Women-led Enterprises: Nirmala Sitharaman.
Brazil has been a key test for the New Development Bank's emergency financing efforts.
Mandate of NDB needs to be renewed with focus on greater agility and efficiency: FM
New Delhi, Jul 4 (PTI) Finance Minister Nirmala Sitharaman on Friday said in today's fast changing world, the mandate for New Development Bank (NDB) must be renewed with focus on greater agility, technological advancement and efficiency. Observing that NDB has played an important role in reshaping the financial landscape for the global South, she said, it has approved more than 100 projects, and it has approved more than USD 35 billion in financ…
The former president, Dilma Rousseff (PT), now head of the New Development Bank (NDB), known as the Bank of Brics, said on Saturday, 4, that rates and financial sanctions have been used as instruments of political subordination. The statement occurred during the opening of the 10th annual meeting of the NDB, in Rio de Janeiro. View this post on Instagram A post shared by New Development Bank (@ndb_int) Without direct reference to the President o…
The President of the New Development Bank (NDB), Dilma Rousseff, said that tariffs, sanctions and financial restrictions are being used as instruments of political subordination, in a context where multilateralism is under pressure. The statement was made at the opening of the 10th annual meeting of the Council of the institution in Rio de Janeiro on Friday (4). “Multilateralism is under pressure. We witness a decline in cooperation and the rise…
Despite the insistance of former President Dilma Rousseff and the government of R scia, the Brics must avoid compromises with alternative payment systems in the statement of the c pula of the block, which takes place in Rio on 6 and 7 July. Read more (07/03/2025)
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