At a high-level meeting in Moscow, Russia urged its BRICS partners to create an alternative to the International Monetary Fund (IMF) to counteract Western political influence. However, most finance ministers and central bank chiefs from BRICS nations did not attend, sending junior officials instead. The absence of key officials raises questions about the unity and commitment of BRICS members to this initiative. The call for a new financial system reflects growing dissatisfaction with the current global financial order dominated by Western powers.
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Top BRICS economic officials stay away from Moscow meeting
Most finance ministers and central bank chiefs from the BRICS group of countries did not attend a high-level meeting in Moscow on Friday ahead of a BRICS summit later this month, sending more junior officials instead,
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BRICS Finance Chiefs Skip Moscow Meeting Amid Pressure
In a meeting held in Moscow, several finance ministers and central bank chiefs from BRICS countries opted not to attend, sending junior officials in their place. Russia is pushing for the creation of an alternative financial system. The absence highlights...
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BRICS Calls for Alternative to IMF Amid Western Pressures
Russia, leading the BRICS group this year, urges its partners to establish an alternative to the International Monetary Fund (IMF) to resist Western political pressure. Finance officials convened in Moscow,
