Russia ready to ratify BRICS bank next month

Russian Finance Minister Anton Siluanov

Russia ready to ratify BRICS  bank:  Russia is to give the BRICs development bank its official seal of approval next month, Finance Minister Anton Siluanov said today. Russia is expected to commit $2bn to the bank which is being set up as an alternative source of funding for infrastructure projects in emerging economies to Western institutions such as the EBRD. The Moscow Times