BRICS Bank President Dilma Rousseff Calls for the Creation of | Kianite

BRICS Bank President Dilma Rousseff Calls for the Creation of a Global South Focused Financial System

Dilma Rousseff, president of the New Development Bank — also known as the BRICS bank — and former Brazilian president, has called for establishing a financial architecture designed for the so-called Global South. In a keynote speech at the 14th Lujiazui Forum, Rousseff remarked on the importance of this new structure for promoting sustainable growth.

BRICS Bank President Rousseff Calls for Direct Liquidity to Global South CountriesDilma Rousseff, president of the New Development Bank (NDB), also called the BRICS bank, has outlined the role she believes the institution must follow. In an opening keynote speech at the 14th Lujiazui Forum held in Shanghai, titled “Global Financial Opening-up and Cooperation: New Drivers of Economic Recovery,” Rousseff talked about the importance of establishing alternative financial structures tailored for the Global South.