The current architecture of the international economic system is undergoing significant changes in favor of countries whose economies have not been dominant at the global level. This particularly applies to the BRICS (Brazil, Russia, India, China) which possesses significant political and economic potential. Considering the increasing interest of a growing number of countries in joining this bloc, it can be concluded that BRICS represents a new economic reality that cannot be ignored. The aim of this study is to highlight the importance and role of BRICS countries in the international financial system. The subject of the paper includes the analysis of monetary and fiscal indicators of BRICS countries for the period 2006-2023. The obtained results show long-term favorable trends in monetary and fiscal indicators, indicating that BRICS countries can be identified as economies with significant potential for growth and development.

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