BRICS to Launch $10B Guarantee Fund—New Development Bank to Power Investment Surge in Member States

Unknown Apr 02, 2026 450 Views

In a bold move to catalyze infrastructure and sustainable development, BRICS nations are set to launch a multibillion-dollar Guarantee Fund, backed by the New Development Bank (NDB), to de-risk private and public investments across member states. The initiative, expected to be unveiled at the upc...