Inflation control is a priority for the South Asian region, including
Addressing the IMF's conference on "
The Governor in his address noted that the region's dependence on fossil fuel imports made it vulnerable to imported inflation.
Listing key priority areas for South Asia apart from inflation, he said that these economies also need to contain external vulnerabilities, raise productivity, strengthen cooperation for energy security, enhance green energy cooperation and promote tourism.
Though softening of commodity prices may help in lowering inflation in the near future, Das at the same time cautioned that risks to growth and investment outlook may rise if inflation persists at high levels.
He also informed that the central bank digital currency is in a trial phase and the RBI is treading with caution on it.
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