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BRICS Summit 2026: NDB crucial institution for promoting sustainable development, say bloc members
BRICS countries on Saturday backed the New Development Bank as a crucial institution for sustainable development, reducing inequality and strengthening resilience in emerging economies. The New Delhi Declaration urged the NDB to expand resource mobilisation, local-currency financing, innovation and infrastructure investment, while supporting wider membership and stronger governance.
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iol.co.za
BRICS Bank provides a lifeline for the Global South
South Africa’s infrastructure loans highlight the New Development Bank’s growing role as an alternative source of development finance and the assistance it provides comes with…
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hindustantimes.com
BRICS must prioritise New Development Bank
NDB’s expansion should now enhance its creditworthiness and internal governance so it can meet the growing expectations placed on it by BRICS and Global South.
