BRICS Making a Bank, RDIF Gets Involved
Posted on 07/16/2014
The BRICS (Brazil, Russia, India, China and South Africa) nations are making their own bank – countering the influence of the International Monetary Fund (IMF). The BRICS member nations have been disappointed with the non-implementation of the 2010 IMF reforms. Leaders of the nations signed an agreement to create the New Development Bank (NDB) to […]
- Brazil
- BRICS
- Central Banking
- China
- IMF
- India
- Infrastructure
- Russia
- Russian Direct Investment Fund
- South Africa
