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International Business Times
International Business Times
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AFP News

REVEALED: Imf chief seeks more details on brics payments system plans | Rare Historical Photos

International Monetary Fund Managing Director Kristalina Georgieva takes questions from reporters at the Fund's headquarters in Washington on October 24, 2024 (Credit: AFP)

The IMF wants to know more about a cross-border payments system discussed by the BRICS group of countries this week and aimed at boosting non-dollar transactions, the Fund's managing director said Thursday.

The meeting of the BRICS -- meaning Brazil, Russia, India, China and South Africa -- took place in the Russian city of Kazan at the same time as the annual meetings of the International Monetary Fund (IMF) and the World Bank in Washington.

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