BRICS Finance Ministers Call for Reform of IMF, World Bank

NAMPA / Sputnik

2026-09-11

MOSCOW, September 11 (RIA Novosti) - The International Monetary Fund (IMF) and the World Bank need to be reformed so that their governance structures reflect the transformation of the global economy since their establishment more than eight decades ago, BRICS finance ministers and central bank governors said in a joint statement published on Friday. "BWI [Bretton Woods institutions] governance structure should be reformed to reflect the transform......

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