Q1: What is the New Development Bank (NDB)?
A1: The New Development Bank (NDB) is an international financial institution formed by the BRICS group (Brazil, Russia, India, China, and South Africa). It aims to provide financing for infrastructure projects in member countries and reduce reliance on Western-led institutions.
Q2: Will the NDB announce new member countries during the upcoming BRICS Summit?
A2: No, according to Leslie Maasdorp, the NDB's Chief Financial Officer, the bank is not planning to unveil new member countries during the f...
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