Director General of Independent Evaluation Office of New Development Bank, Ashwani Muthoo: "Harmonisation of methodologies in evaluation for projects is critical"

Over the years, the New Development Bank has approved approximately 120 projects worldwide, totalling more than US$39 billion. Many of these projects are well known, including Line 6 of the Qingdao Metro in China; the large-scale Delhi – Ghaziabad – Meerut project in India; and, in early 2026, financing was also approved for the construction of Brazil’s largest power transmission line, the Graca Aranha – Silvania line. To ensure that every initiative supported by the international financial institution contributes to sustainable progress, an Independent Evaluation Office was established.
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</p><p>Do the assessment criteria vary depending on the specific characteristics of each country? In which BRICS countries will a country portfolio analysis be conducted in the near future? How is collaboration with multilateral development banks structured to harmonise assessment requirements?
</p><p>Ashwani Muthoo, Director General of the Independent Evaluation Office of the New Development Bank, shared his insights on this topic in our BRICSterview.
</p><p>TV BRICS reporter: Ekaterina Fomina</p><p>
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