بنك التنمية.. هل يكسر هيمنة البنك الدولي وصندوق النقد؟
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00:00 The BRICS Group's first summit was in 2009, but despite that it took no serious or major steps towards integration until 2014, when the Development Bank was established.
00:16 The Development Bank was established by China and its value is 50 billion dollars. Financial reports indicate that the BRICS Group contributes about 31.5% of the global GDP, while the Seven Group contributes 30.5% of the GDP.
00:37 The Bank has loaned 10 billion dollars in 2023, with local currency, and the Group aims to reach about 30% of all loans with local currency, to reduce dependence on the US dollar.
00:55 Recently, the Bank has loaned to South Africa with the South African RAND, and also to Brazil with the Brazilian Rial.
01:04 The Group is now studying the membership requirements of about 15 countries, and has agreed on four, but has not stated which countries have submitted to the membership requirements, and has not stated which countries will agree to join.
01:19 The Bank has also loaned 33 billion dollars. The Fitch Rating has dropped from AA+ to AA, and the loan of 33 billion dollars was for infrastructure projects.
01:35 This is due to negative expectations due to the discovery in Russia. But if we compare the Bank with the IMF, the IMF has 190 members, while the Bank has 189 members.
01:52 The Bank has five members, China, India, Brazil, and South Africa. But what about the size of the assets?
02:06 The IMF has 27 billion dollars, while the Bank has 333 billion dollars, while the IMF has 925 billion dollars. The Bank has 27 billion dollars, which is 170% higher than the last financial list in 2018.
02:26 The Bank plans to spend 119 million dollars in 2023 to support loans to the major countries.