The BRICS Economy and Finance sector coordinates efforts of the BRICS countries, to enhance economic cooperation, financial stability, and sustainable development through dialogue, policy coordination, and institutional innovation.
This cooperation is led by BRICS Finance Ministers and Central Bank Governors and supported by specialised mechanisms such as the New Development Bank (NDB), the Contingent Reserve Arrangement (CRA), and various working groups addressing issues including trade, investment, taxation, financial inclusion, digital economy, and infrastructure financing.
The economy and finance sector serves as a strategic platform for shaping a more balanced and inclusive global financial architecture, advancing the economic interests of member states, and promoting resilience and growth in emerging and developing economies.
