NDB President Dilma Rousseff says Lula key to strengthening BRICS, NDB

Source: ANI (Asian News International) | Original Published At: 2026-10-11 13:56:28 UTC

Key Points

• Former Brazilian President and New Development Bank (NDB) President Dilma Rousseff highlighted the bank’s investments in Brazil, technological advancement, and the growing role of the Global South in shaping a multipolar world.
• She said approximately 23.95 billion Brazilian reais in financing operations for Brazil had been approved since March 2023, when she assumed leadership of the Shanghai-based institution.
• She emphasized funding for sustainable infrastructure, sanitation, urban mobility, energy transition and climate-related initiatives.
• She cited support for Brazil’s National Bank for Economic and Social Development (BNDES).
• The article notes Rousseff’s view that Brazilian President Lula is key to strengthening BRICS and the NDB.