https://sputniknews.in/20241022/embracing-national-currencies-in-brics-would-reduce-global-risks-putin-8305975.html
Embracing National Currencies in BRICS Would Reduce Global Risks: Putin
Embracing National Currencies in BRICS Would Reduce Global Risks: Putin
Sputnik India
KAZAN, Russia (Sputnik) – Increasing settlements in national currencies of BRICS countries will increase the financial independence of states and reduce... 22.10.2024, Sputnik India
2024-10-22T16:01+0530
2024-10-22T16:01+0530
2024-10-22T16:01+0530
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The New BRICS Development Bank has financed projects worth $33 billion since 2018, Vladimir the Russian President mentioned."Since 2018, I think 100 projects have been financed for a total of $33 billion," Putin said during a meeting with Dilma Rousseff, the head of the BRICS New Development Bank, calling the bank a good and promising institution.
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Embracing National Currencies in BRICS Would Reduce Global Risks: Putin
KAZAN, Russia (Sputnik) – Increasing settlements in national currencies of BRICS countries will increase the financial independence of states and reduce geopolitical risks, Russian President Vladimir Putin said on Tuesday.
"Increasing settlements in local currencies allows us to reduce debt servicing, increase the financial independence of BRICS member countries and minimise geopolitical risks, freeing economic development from politics as much as possible in today's world," Putin said during a meeting with Dilma Rousseff, the head of the BRICS New Development Bank.
The New BRICS Development Bank has financed projects worth $33 billion since 2018, Vladimir the Russian President mentioned.
"Since 2018, I think 100 projects have been financed for a total of $33 billion," Putin said during a meeting with Dilma Rousseff, the head of the BRICS New Development Bank, calling the bank a good and promising institution.
