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BRICS to Drive Reform of Global Financial Architecture, Says South Africa’s FM

BRICS to Drive Reform of Global Financial Architecture, Says South Africa’s FM

Sputnik Africa

BRICS to Drive Reform of Global Financial Architecture, Says South Africa’s FM The organization is a vital platform for the Global South and a counterweight to... 21.03.2026, Sputnik Africa

2026-03-21T17:30+0100

2026-03-21T17:30+0100

2026-03-21T17:44+0100

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BRICS to Drive Reform of Global Financial Architecture, Says South Africa’s FM The organization is a vital platform for the Global South and a counterweight to institutions like the IMF and World Bank, Ronald Lamola told Sputnik Africa. He said reform of the international financial architecture will gain momentum through BRICS—specifically the BRICS Development Bank, which offers South Africa favorable loans to tackle challenges in logistics, water infrastructure, and network industries.Subscribe to @sputnik_africa Sputnik Africa | X

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