Leslie Massdorp On BRICS' New Development Bank
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Leslie Massdorp On BRICS' New Development Bank

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Added by Headlines Africa in South Africa
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The New Development Bank being established by the Brics' nations will be operational by the end of the year. SA is due to contribute 5 billion dollars to the bank and it is designed to complement existing western lending institutions. It's primary function will be to fund infrastructure development projects in member states and the developing world.




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