The latest IMF World Economic Outlook report, released on July 16th, 2024, highlights a significant shift in global economic power. BRICS countries (Brazil, Russia, India, China, and South Africa) are outpacing the G7 in growth, emerging as pivotal engines of global progress. In this video, we dive into the IMF’s projections for 2024-2025, comparing the economic trajectories of BRICS and G7 nations. Discover how strategic investments and robust recoveries are driving BRICS nations forward, while G7 countries face slower growth due to aging populations and lingering economic uncertainties.
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