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Indonesia joins BRICS' new development bank

  • Indonesia's President Prabowo Subianto announced the country will join the New Development Bank , a multilateral bank formed by BRICS nations, during a visit by NDB President Dilma Rousseff.
  • Prabowo stated that joining the NDB would help accelerate Indonesia's economic transformation.
  • Rousseff indicated that the NDB is interested in collaborating on projects related to renewable energy and technological development.
  • The NDB, established in 2014 by BRICS, includes nations that make up 40% of the world's population.
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intellinews.comintellinews.com
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Indonesia joins BRICS' new development bank

Indonesia has formally decided to become a member of the BRICS-affiliated New Development Bank, just months after fully integrating into the China-led economic alliance

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vtforeignpolicy.comvtforeignpolicy.com
Lean Right

De-Dollarization to continue under Dilma Rousseff’s as head of BRICS bank

Dilma Rousseff was re-elected for a new term as head of the BRICS New Development Bank (NDB) on March 23, only days after admitted Indonesia into the multilateral bank. In this way, Dilma is continuing her work of generating liquidity for the NDB, while also expanding the global de-dollarization process. The diplomatic backing she established […] The post De-Dollarization to continue under Dilma Rousseff’s as head of BRICS bank first appeared on…

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Global TimesGlobal Times
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GT Voice: South-South co-op more essential amid external economic pressure

Indonesia’s reported decision to join the NDB is not only crucial for its own economic development but also reflects the growing urgency of developing countries’ economic needs for strengthening South-South cooperation.

·Beijing, China
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Business LiveBusiness Live
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Indonesia to join multilateral Brics bank, president says

President Subianto says joining NDB as a member will help his country accelerate its economic transformation

·Johannesburg, South Africa
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Anadolu AjansıAnadolu Ajansı
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Indonesia to join New Development Bank of BRICS: President

NDB is a multilateral development bank established by BRICS members in 2014 - Anadolu Ajansı

·Ankara, Türkiye
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expatlifeindonesia.comexpatlifeindonesia.com

Indonesia Becomes Newest Member of NDB. What Does It Mean? | Expat Life in Indonesia

Indonesia is taking a bold step in its global economic strategy by officially joining the New Development Bank (NDB). President Prabowo Subianto announced the decision after meeting with NDB President Dilma Vana Rousseff at the Merdeka Palace in Jakarta on Tuesday, March 25, 2025. So, what exactly is the NDB, and what impact does it […] The post Indonesia Becomes Newest Member of NDB. What Does It Mean? appeared first on Expat Life in Indonesia.

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Zawya broke the news in on Tuesday, March 25, 2025.
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