Brics development bank aims to make $5bn in loans in 2024

The New Development Bank (NDB), set up by the Brics group of emerging economies, aims to make about $5-billion in loans this year, its vice president, Zhou Qiangwu, said on Tuesday. “During the epidemic, our business has been somewhat affected, and now everything is going back on track,” Zhou told Reuters on the sidelines of the annual Boao Forum.

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