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Brics' plans to replace the G7 are thin on the ground

Summary by OMFIF
The hype about the demise of the G7 and the traditional system of financial governance has dominated the media in the last few years. However, the G7 is still going strong and the proposed alternative governance system – the Brics+ bloc – has not become operational.
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OMFIF broke the news in on Thursday, August 14, 2025.
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