Governor’s Address at the Ministerial Dialogue Brussels, 17 May 2019  Esteemed colleagues, dear hosts, Allow me also to extend my gratitude on behalf of the Serbian delegation for the assessments and given recommendations. I believe that we can agree with general assessment that Serbia has made huge progress since our first meetings.
But, in my view, this approach has potential drawbacks. As I have noted on previous occasions, even in the case of a single inflation goal, the selection of a particular price index to guide policy is difficult, and the appropriate index and inflation value might change over time as the structure of the economy evolves and the pace and nature of technological advances vary.