Dilma Rousseff Says BRICS Bank Is Launching a New Strategy With a Clear Long-Term Vision
Source: Brasil 247 | Original Published At: 2026-05-15 14:59:07 UTC
Key Points
- NDB President Dilma Rousseff announced that the BRICS Bank is preparing a new five-year strategy at its 11th Annual Meeting of the Board of Governors in Moscow.
- Rousseff said financing in national currencies will remain a strategic priority, alongside instruments such as bonds, swaps, guarantees, trade finance, and co-financing.
- She emphasized tokenization as an emerging geopolitical and financial tool that could reduce dependence on traditional systems and create faster settlement and new funding channels.
- The strategy highlights continued investment in transport, digital, and social infrastructure, plus energy transition priorities including stable low-carbon options like small modular nuclear reactors.
- South Africa’s Finance Minister Enoch Godongwana called for affordable development finance, stronger local-currency lending, innovation in financial instruments, and expansion of NDB membership.
- India’s Anuradha Thakur and China’s Chen Junhong stressed partnerships, BRICS-aligned openness and inclusiveness, and stronger coordination with broader Global South development initiatives.
- Russia’s Prime Minister Mikhail Mishustin said the NDB has become a key pillar in the emerging Global South financial architecture.