BRICS New Development Bank: From Private to Public

... themselves as development partners, rather than donors. This is why such cooperation also has a positive effect on trade, investment and other commercial operations for everyone involved. It is difficult to estimate the amount of financing needed for IDA programmes because the majority of the BRICS countries do not have unified systems for calculating the resources to be allocated for the socioeconomic development of partner countries. According to expert estimates, China is the leading country in terms of financing IDA programmes ( Table ...