Can the BRICS Bank replace IMF as a lender? © 2023 Deutsche Welle

Can the BRICS Bank replace IMF as a lender? Tainã Mansani Strengthening the New Development Bank (NDB) — or the so-called BRICS Development Bank — is top agenda of the BRICS summit agenda. Could the NDB, backed by the five emerging world economies: Brazil, Russia, China, India and South Africa, replace existing financial institutions, such as the IMF, in lending funds to developing nations? https://www.dw.com/en/can-the-brics-bank-replace-imf-as-a-lender/video-66620063 © 2023 Deutsche Welle