<h1>BRICS Leaders Discuss NDB Expansion, Illicit Financial Flows, and Contingent Reserve at IMF/World Bank Spring Meetings.</h1> The BRICS Finance Ministers and Central Bank Governors met in Washington D.C. alongside the IMF/World Bank Spring Meetings. Key topics included enhancing the New Development Bank's (NDB) project pipeline across member countries, expanding NDB membership, and establishing a working group on illicit financial flows. Discussions also covered the BRICS Contingent Reserve Arrangement and Bond Fund. The Indian representative emphasized a cautious approach to NDB membership expansion and suggested leveraging brownfield infrastructure projects for financing. India expressed support for a BRICS Rating Agency and urged consensus on its feasibility, highlighting the need for balanced infrastructure financing among member nations.