<h1>Global Financial System Resilient but Faces Inflation, Debt, and Geopolitical Risks; India's Economy Rebounds Strongly.</h1> The global financial system has shown resilience amid recent shocks, but challenges remain, including inflation persistence, high debt levels, geopolitical risks, and trade policy uncertainties. Policymakers are urged to adopt flexible, forward-looking strategies to mitigate these risks. Opportunities exist in potential monetary policy shifts, digitalization, and climate-focused innovations. The Indian economy has rebounded strongly post-pandemic, with robust GDP growth and improving macroeconomic fundamentals. India's vision emphasizes international cooperation and financial inclusion, underscored by its G20 Presidency. The address highlights the need for systemic reforms to enhance global financial stability and foster sustainable growth.