Assuming that the economic shocks in the economy of Kosovo will be felt more in the first and second quarter and partly in the third quarter of the year, our preliminary forecasts suggest a real economic decline in the range of -2% to -4% during 5  2020. However, it's too early for these forecasts so they should be taken with great caution.
We will be very attentive to the developments in our and the global economy and will also revise our macroeconomic forecasts on these developments. *** CBK has carefully considered the opportunities that they and the Kosovo Government have in order to help the Kosovo economy recover after the pandemic.