Putin called the financing of 123 BRICS projects worth $40 billion a good result

President Vladimir Putin called the financing of 123 BRICS projects through the New Development Bank worth almost $40 billion a good result.

He indicated that funding needs are much higher than current levels.

NEW DELHI, September 13 - RIA Novosti. Russian President Vladimir Putin called the financing of 123 BRICS projects through the New Development Bank worth almost $40 billion a good result, but indicated that the funding needs are much higher.

The Russian leader arrived in New Delhi on Friday for a three-day working visit to participate in the events of the BRICS summit, which is taking place in the Indian capital on September 12-13. The meeting in the BRICS+ format concludes the forum’s work program.