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BRICS to Launch Guarantee Fund via NDB to Boost Investments

By BPN News Desk July 4, 2025
International
The BRICS grouping—comprising Brazil, Russia, India, China, South Africa, and new member nations—is preparing to launch a Multilateral Guarantee Fund within the framework of the New Development Bank (NDB), according to a report by Reuters. The fund is aimed at reducing borrowing costs,

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