The Brics-founded New Development Bank could help launch a fund by the end of the year to guarantee cheap loans for poor families in Africa and Latin America, Brazil’s social development minister said. The scheme would be the Shanghai-based lender’s first financial commitment to Brazil’s global ...
Source: [SCMP](https://www.scmp.com/news/china/diplomacy/article/3368865/china-based-brics-bank-set-lead-role-hunger-alliance-year-brazil-says?utm_source=rss_feed)