July 16, 2025

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Deputy finance minister says BRICS development bank will be different from IMF – Americas

  • July 6, 2025

eputy Finance Minister Thomas Djiwandono has said that the BRICS-initiated multilateral development bank will not be similar to the International Monetary Fund, amid calls from BRICS nations for a change to the IMF’s European orientation. Ahead of the bloc’s leaders’ summit in Rio de Janeiro, Brazil on Sunday, Thomas dismissed concerns among experts that the

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Finance

Brics approves climate finance framework, crafting joint stance for first time

  • May 31, 2025

The Brics economic bloc approved its first joint climate finance framework on Thursday, the group’s most coordinated effort to date on funding climate action and setting the stage for a shared position – a first for the group – ahead of Cop30 in Brazil. The nonbinding framework – agreed during a high-level meeting on climate

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