With the bloc growing in numbers following its 2023 summit, the BRICS expansion and de-dollarization will bring aid to some of the alliance’s struggling economies. However, for the developing economies of the global south, expansion could prove to be a haven. BRICS Expansion Should Help Economies in the Global SouthSource: dailynewsegypt.comAlso Read: BRICS Now Responsible for 43% of Global Oil ProductionAll eyes were on the ongoing BRICS summit last week, where the bloc had been expected to grow its numbers. Specifically, the BRICS expansion should bring aid to the alliance’s struggling economies. Moreover, with Saudi Arabia infusing the BRICS bank with funds, the bloc could see uniform prosperity forming on the horizon.

Source: Daily News Egypt August 31, 2023 17:42 UTC