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News Brief | April 2016

NDB to begin funding of projects

ccording to KV Kamath, President, NDB, the initial funding for the projects will be confined to the BRICS countries who have submitted a number of projects for consideration - mainly infrastructure and green energy projects. The bankĀ“s founding members have already brought in a capital of $1 billion as initial contribution.

Contact: New Development Bank
Email: info@ndbbrics.org
Website: http://ndbbrics.org/

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