‘Coordinated fiscal and monetary policies built resilience in economy’

Year 2025 brought an unprecedented shift in global trade policies, marked by a move towards bilateral renegotiations on tariffs and terms of trade

- OUR CORRESPONDENT

Coordinated fiscal, monetary and regulatory policies have helped build resilience in the economy, which is not fully immune to the external sector headwinds, said a Reserve Bank bulletin released on Monday.

Continued focus on macroeconomic fundamentals and economic reforms should help unlock efficiencies and productivity gains to firmly keep the economy on the high-growth trajectory amidst a fast-changing global environment, said an article published in the RBI's December Bulletin.

The year 2025 brought about an unprecedented shift in global trade policies, marked by a move towards bilateral renegotiations on tariffs and terms of trade, it said.

Its ripple effects on global trade flows and supply chains are still unfolding. This has led to heightened global uncertainties and concerns about the prospects for global growth, said the article on state of the economy. “The Indian economy was not fully immune to the external sector headwinds. Coordinated fiscal, monetary and regulatory policies have helped to build resilience over the year; it said.