Register and share your invite link to earn from video plays and referrals.

Shanaka Anslem Perera ⚡
@shanaka86
Author of The Ascent Begins. Independent Analyst. Money, geopolitics, AI, science, and sovereignty. Trying to understand the reality a bit better.
Joined July 2009
3.6K Following    308.1K Followers
The BRICS development bank disclosed $35.88 million in overdue capital at the end of 2025. Its voting rules make that small payment gap potentially much more consequential for the member that owed it. The disclosures point to Egypt, although the arrears footnote does not name the country. The amount equals 15% of Egypt’s subscribed paid-in capital. Under the bank’s charter, an unpaid contribution prevents a member from exercising the corresponding fraction of its own voting power while the debt remains overdue. If the member was Egypt, the formula would restrict 15% of its votes. The accounts do not establish how voting rights were administered. The payment update matters. The next report showed $23.88 million still overdue on 31 March 2026, then recorded a subsequent receipt of exactly that amount. The later receipt matches the outstanding balance. These records do not establish a current unpaid contribution.
Show more