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The BRICS Finance Ministers and Central Bank Governors Hold Their First Meeting in 2022

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China will host the 14th BRICS Summit as it took over the BRICS Presidency from Jan 1, 2022. The First BRICS Finance Ministers and Central Bank Governors Meeting in 2022 was held via a video link on April 8. Liu Kun, China's Minister of Finance, and Yi Gang, Governor of the People's Bank of China, co-chaired the meeting. Finance ministers and central banks governors of other BRICS countries as well as the President of the New Development Bank (NDB) attended the meeting. Centering on the theme Foster High-quality BRICS Partnership, Usher in a New Era for Global Development, the attendees discussed issues such as Macroeconomic Outlook and Policy Coordination, New Development Bank, Infrastructure Investment, and BRICS Think Tank Network for Finance. They also exchanged views over expected outcomes of BRICS financial cooperation this year.

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