PUTIN: BRICS Set to Outpace G7 in Economic Growth, Driving Global GDP

2024-10-18 4

Speaking at the BRICS Business Forum ahead of next week’s BRICS Summit in Russia, President Vladimir Putin highlighted the bloc’s economic prospects. BRICS nations are projected to grow at an average rate of 4% this year, compared to the G7’s 1.7% and a global average of 3.2%. Putin emphasized BRICS’ increasing role in the global economy, noting that the group will be a key driver of global GDP growth in the near future. The plenary session underscored BRICS’ rising influence in shaping global economic trends.

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