July 6, 2025

Thomas-Djiwandono

Finance

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

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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