Given that EMBI Global fell by 54 basis points last year and that EMBI for Serbia fell by 147 basis points, it is clear that a portion of the decline in our risk premium was due to global factors, though to a larger degree it was determined by domestic factors as well.
Finally, let me share a quote from the American industrialist and business magnate, Henry Ford. He said that “Coming together is a beginning, staying together is progress, and working together is success. If everyone is moving forward together, then success takes care of itself."