BRICS News Digest for the previous week

03.03.24
19:00


Society

BRICS News Digest for the previous week

We tell you about what happened in economics, politics, culture, science and education in the countries of the association

Brazilian authorities launch programme to stimulate investment in sustainable development projects

The Inter-American Development Bank will provide financing for the programme

The Brazilian government is launching Eco Invest Brasil, a programme designed to stimulate foreign investment in sustainable development projects.

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Putin: BRICS countries to be able to generate about 37 per cent of global GDP by 2028

The Russian leader said this during his traditional address to the Federal Assembly

By 2028, the BRICS countries will be able to create about 37 per cent of global GDP.

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Russia to propose to BRICS countries create an independent international financial system

The possibility of creating a BRICS Bridge platform is being considered

The Russian Ministry of Finance together with the Central Bank and BRICS partners will prepare a number of initiatives to create an independent international monetary and financial system.

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India’s Prime Minister announces a significant reduction in poverty in the country

He spoke about the increasing prosperity of rural people

Indian Prime Minister Narendra Modi, while addressing the News 9 Global Summit in New Delhi, pointed to the fact that the poverty rate in the country has reached the lowest level in history.

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China plans to break its record for space launches in 2024

Chinese specialists will provide the first flight from a commercial launch pad

China is going to break the national record for the number of missions to put satellites, spacecraft and other vehicles into orbit.

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South Africa begins preparations for its G20 presidency

The country’s Cabinet of Ministers has reviewed a report on preparations

South Africa has begun preparations for its G20 presidency.

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Egypt signs agreements on green energy projects

The contracts will bring more than $40 billion in investment over 10 years

Egyptian authorities have signed agreements with seven international developers to implement green hydrogen and renewable energy projects.

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IMF improves Iran’s economic growth forecast

Previously, the forecast was 3 per cent

In its latest report on Iran’s microeconomic performance, the International Monetary Fund said that Iran’s oil production growth in 2023 has exceeded expectations.

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First conservatory opens in Saudi Arabia

The music university has signed a co-operation agreement with Gnesin Russian Academy of Music

The Kingdom’s first higher music education institution, first international music academy, the Nahawand Center, has opened in Taif, Saudi Arabia.

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BRICS Chamber of Commerce and Industry office opens in UAE

The country continues to be embedded in the economic infrastructure of the alliance after joining it earlier this year

The BRICS Chamber of Commerce and Industry has opened an office in the UAE, reports ANI, a partner of TV BRICS.

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Ethiopia’s Ministry of Finance appreciates the African Development Bank’s contribution in supporting reforms and projects in the country

The two sides agreed on continuous dialogue on sustainable development projects

Ethiopia’s Finance Minister Ahmed Shide held a consultative meeting with the Jonathan Nzayikorera, Executive Director of the African Development Bank (AfDB) in Addis Ababa.

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