BRICS+ nations are better prepared to manage future economic challenges than G7 nations: E&Y
- Posted on October 2, 2024
- By Business News Today
- 3 Views
BRICS+ nations are better prepared to manage future economic challenges than G7 nations: E&Y
The BRICS+ countries are in a stronger fiscal position to handle future economic crises due to their lower debt-GDP ratio and higher primary deficits compared to the G7. They have a growing share of global GDP, particularly in Purchasing Power Parity terms, as highlighted by an Ernst & Young report.
