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Dilma Rousseff outlines BRICS bank strategy to respond to global crises

Source: RT en Español | Original Published At: 2026-05-15 19:20:13 UTC

Key Points

  • NDB President Dilma Rousseff emphasized the need to expand collaboration with various organizations and partners to address global crises.
  • The remarks were delivered during the New Development Bank's annual board of governors meeting held in Moscow.
  • Rousseff noted that traditional financing instruments are insufficient given current tariff wars, sanctions, and technology export chaos.
  • The bank is formulating a new five-year strategy to sustain development progress and ensure technology reduces inequality.
  • Russian Finance Minister Anton Siluanov endorsed plans to expand the bank's geographic scope and incorporate new shareholders.
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