Governor of the Central Bank of the Russian Federation Elvira Nabiullina said at the second meeting of the finance ministers and central bank governors of the BRICS countries that the risks of slowdown in the economic activities of the BRICS countries have intensified. His words lead the way TASS.
“Global economic activity continues to expand in the third quarter of 2024, but downside risks have already begun to accumulate. The external environment for most of our economies remains difficult,” the head of the Central Bank of Russia noted.
Nabiullina added that in addition to geopolitical risks, the risks of global financial fragmentation have also increased recently.
US share in the world economy in the last four years fell To the lowest level in modern history. At the end of 2023, it was 14.82%. Yet 30 years ago, the United States accounted for one-fifth of the global economy. The peak occurred in 1999, when the figure reached 21.01%. Meanwhile, China’s share increased to 18.76%.
Previously at IMF in the name Effects of tension in the Middle East on the economy.