IMF backs BRICS expansion ...News

Russia Today - Economy
IMF backs BRICS expansion
source : Russia Today ( News ) () 45
Enhanced international economic cooperation should be “welcomed and encouraged,” the fund’s spokeswoman has said Expansion of BRICS could be beneficial globally and should therefore be “encouraged,” Julie Kozack, a spokeswoman for the International Monetary Fund (IMF), told journalists on Friday in response to a question about Ankara’s plans to join the group. Türkiye was the latest nation to formally apply for BRICS membership in early September. Founded in 2009 by Russia, China, India and Brazil, the organization was joined by South Africa the following year. In 2024, the group expanded further to include Egypt,

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