TNPSC Thervupettagam

Egypt joins BRICS bank

April 3 , 2023 604 days 457 0
  • Egypt has joined as member in BRICS’s New Development Bank (NDB).
  • NDB is a multilateral development bank jointly founded by the BRICS countries in 2014.
  • It was formed to support infrastructure and sustainable development efforts in BRICS and other underserved, emerging economies.
  • Bangladesh, the United Arab Emirates and Uruguay joined the NDB in September 2021.

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