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Putin Criticizes G7 at BRICS Forum Over Declining GDP Share

By Business DeskPutin Criticizes G7 at BRICS Forum Over Declining GDP Share

Russian President Vladimir Putin highlighted the G7’s declining global GDP share at a BRICS forum, emphasizing the economic resilience of BRICS nations.

Russian President Vladimir Putin criticized the G7 during a BRICS business forum, pointing out that the group’s contribution to the global economy has dropped to approximately 29 percent. He contrasted this figure with the expanding economic strength of BRICS nations.

Shifting Economic Landscape

During his address, Putin asserted that the BRICS bloc now represents a significant and steadily growing portion of global Gross Domestic Product. He emphasized that these economies demonstrate notable resilience against external pressures, including Western sanctions.

Key economic highlights from the forum include:

G7 global GDP contribution stands at approximately 29 percent according to Putin.

BRICS economies show resilience and lower susceptibility to Western sanctions.

The Future of Global Growth

Putin further emphasized that the future of international economic growth resides within the BRICS framework. He positioned the alliance as a central player in the evolving global economic order.

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