The joint statement was adopted at the 15th summit of the economic bloc in South Africa on August 23, 2023 XV BRICS Summit Johannesburg II Declaration BRICS and Africa: Partnership for Mutually Accelerated Growth, Sustainable Development and Inclusive Multilateralism

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The 7.5 percentage point increase comes as Ankara returns to more “rational” economic policies, economists say   The Turkish central bank raised its benchmark interest rate by 7.5 percentage points on Thursday to 25%, in a bid to curb spiraling inflation.