The 43rd meeting of the Board of Directors of the New Development Bank (NDB) convened in Shanghai towards the end of March, against the backdrop of global economic challenges.
The meeting underscored the NDB’s commitment to supporting its member nations in their recovery efforts and advancing long-term development goals. This will include a robust pipeline for 2024.
Read the full statement on the meeting here.
NDB’s Vice President and Chief Administration Officer, Qiangwu Zhou, told a forum in Boao that the bank plans to disburse approximately $5 billion in loans within the current year, according to this report.
See our special report on the New Development Bank: Ten years later
