At a meeting with Dilma Rousseff, head of the BRICS New Development Bank, Russian President Vladimir Putin praised the instituti
At a meeting with Dilma Rousseff, head of the BRICS New Development Bank, Russian President Vladimir Putin praised the institution as a promising and effective financial entity. Since 2018, the bank has financed projects totaling $33 billion.
“Since 2018, I think 100 projects have been financed for a total of $33 billion,“ Putin said.
Putin emphasized that increasing the use of BRICS national currencies for settlements will help reduce geopolitical risks and strengthen the economic resilience of member states.
Source: Geopolitics Live
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