IMF Urges BRICS, AIIB Cooperation
World Economy

IMF Urges BRICS, AIIB Cooperation

Managing Director of the International Monetary Fund Christine Lagarde Sunday expressed hope that the China-led Asian Infrastructure Investment Bank and the BRICS New Development Bank work together, Sputnik reported. “We welcome the joining of the BRICS bank, the AIIB with its multi-stakeholder membership, because there is so much needed…. There is a lot that is needed and to have one, two, three, four players on the international scene, addressing the needs of the region, addressing the needs in many corners of the world, where there has not been enough attention, enough investment directed—is great, if they can work together—the better,” Lagarde told reporters at the Advancing Asia conference in India.

Short URL : https://goo.gl/oGZzv0
  1. https://goo.gl/b2s5ns
  • https://goo.gl/mfDA39
  • https://goo.gl/5rWJB9
  • https://goo.gl/kKhXHi
  • https://goo.gl/Asn2JI

You can also read ...

The expected increase in the squeeze on living standards comes as the weak pound pushes up the cost of imported  fuel, food and raw materials.
All eyes will turn Tuesday to Britain’s consumer price index...
The eurozone economy has enjoyed a surprisingly strong 2017.
Exports of goods from the eurozone jumped in August,...
Increase in China Factory Price Inflation
China’s factory price inflation rose again in September,...
World Bank says another $500 billion in infrastructure spending is needed over the next five years.
Indonesia is on track to become a trillion-dollar economy and...
Russia FDI Almost Doubles
The volume of foreign direct investment has almost doubled in...
Japan Factory Output Up
Japan’s industrial production increased less than initially...
Bulgaria Risks Higher Inflation
Real wage growth in Bulgaria has been exceeding productivity...
Venezuela Needs $30b a Year to Rescue Economy
The International Monetary Fund calculates a potential rescue...