Egypt calls for more responsive global financial system for emerging economies

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Egypt's Finance Minister Ahmed Kouchouk called for a more responsive global financial system catering to emerging economies. He emphasized the role of multilateral development banks in providing low-cost financing to aid developing countries in risk management, speaking at a BRICS finance ministers meeting.

Finance Minister Ahmed Kouchouk on Wednesday, August 12, 2026, called for a more responsive global financial system that better addresses the growth and development priorities of emerging economies. Kouchouk also urged a greater role for multilateral development banks in providing low-cost financing to help developing countries manage risks. Speaking at a meeting of BRICS finance ministers … The post Egypt calls for more responsive global financial system for emerging economies appeared first on Egypt Independent.