<h1>Central Bank Keeps GDP Growth at 6.5%, Lowers Inflation Forecast to 3.1% for Fiscal Year</h1> The central bank maintained the GDP growth forecast for the fiscal year at 6.5%, while reducing the inflation projection to 3.1% from 3.7%. The monetary policy report highlighted favorable conditions such as an above-average monsoon, lower inflation, and supportive fiscal and regulatory measures contributing to economic stability. Despite some mixed economic indicators and geopolitical risks, domestic growth remains aligned with projections. Consumer Price Index inflation has declined significantly, with food inflation being a major factor. The central bank emphasized ongoing monetary policy transmission and noted that the effects of recent interest rate cuts are still emerging. Risks to growth and inflation are considered balanced, with expectations of continued robust performance in services, construction, and trade sectors. The report underscores the importance of comprehensive policy frameworks beyond monetary policy for sustained economic progress.