Indonesia to join BRICS' New Development Bank, president says

, Reuters -  6:41 AM ET 3/25/2025 default

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JAKARTA (Reuters) - Indonesia has decided to join New Development Bank, a multilateral bank developed by BRICS member nations, President Prabowo Subianto said on Tuesday.

Joining NDB as a member would help the country accelerate its economic transformation, Prabowo said. The BRICS group also includes Brazil, Russia, South Africa, China, India, Egypt, Ethiopia, Iran and the United Arab Emirates

(Reporting by Stefanno Sulaiman; Writing by Fransiska Nangoy; Editing by Martin Petty)

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