Current Affairs - International - Discussion

Indonesia has decided to join the New Development Bank (NDB), a multilateral financial institution created by the BRICS nations. This strategic move, announced by President Prabowo Subianto, aims to boost Indonesia’s economic transformation by enhancing financial collaborations and investments in sectors like infrastructure, renewable energy, and technological advancements. Joining NDB will provide Indonesia with access to crucial funding that aligns with its economic goals, supporting its long-term vision of a sustainable and technologically advanced economy.