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    <title>Shri Subhash Chandra Garg , Secretary ,Economic Affairs participates in the BRICS Finance Ministers and Central Bank Governors Meeting in Washington D.C</title>
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    <description>Discussions focused on NDB membership expansion and expanding the Bank&#039;s project pipeline evenly across members while avoiding deadline-driven expansion; India urged careful assessment of benefits from new members. The meeting also covered the BRICS Contingent Reserve Arrangement and BRICS Bond Fund. Proposed institutional responses included a Working Group on Illicit Financial Flows and a BRICS PPP Task Force; India noted the existing Project Preparation Fund could support PPP readiness and suggested mobilising brownfield infrastructure for institutional financing, while supporting progress on the BRICS Rating Agency feasibility report.</description>
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