New Development Bank: Godongwana calls for more investment from the private sector

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Finance Minister Enoch Godongwana welcomed world leaders and delegates to the 9th Annual Meeting of the New Development Bank.

Picture: Vernon Pillay/Independent NewspapersThe 9th Annual Meeting of the New Development Bank began on Friday in Cape Town with a number of dignitaries and world leaders in attendance includingGodongwana welcomed the guests and said South Africa was honoured to host the 9th annual meeting.” in BRICS Nations.Finance Minister Enoch Godongwana. Picture: Vernon Pillay/Independent Newspapers

Godongwana said that the Bank is an important partner, perhaps the most relevant partner for emerging markets when it comes to addressing these issues. The hope is that the NDB will continue to play a major role in fostering this drive and responsibility to address key areas like green energy, digital transformation and infrastructure development, the minister said.

Specifically, the minister said that South Africa is committed to making this happen with the help of the Bank to ensure development and create sustainable change.Rousseff told delegates that she was proud to be in South Africa and reiterated Godongwana’s commitment to addressing SDGs in BRICS nations.

 

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New Development Bank meeting looks to create a platform for sustainable investment in BRICS nationsThe annual meeting will include topics on how to create a fertile ground for continuous investment in BRICS nations.
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