EFSD participates in Annual Board of Governors meeting of the New Development Bank

A delegation from the Eurasian Fund for Stabilization and Development (EFSD, the Fund) attended the 11th Annual Meeting of the New Development Bank's Board of Governors on May 14–15, focusing on the subject "Financing Development in the Age of the Technological Revolution."

The business program brought together participants to discuss project financing across energy, healthcare, education, and innovation, as well as the approaches of international financial institutions to supporting sustainable development amid rapid technological change.

The meeting drew high-level participation, including New Development Bank President Dilma Rousseff, finance ministers of member states, members of the Board of Directors, and officials from international financial organizations, the private sector, and the expert community.

For the Fund, the annual meeting provided a valuable platform to examine pressing challenges facing the global economy and to exchange insights with peers from international financial institutions, government bodies, and expert communities across BRICS nations on issues spanning development finance, energy, and the social sector.