03.03.24
19:00
BRICS News Digest for the previous week
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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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