NATIONAL BANK OF SERBIA  Introductory Address by the Governor at the presentation of the Inflation Report – February 2020  Dr Jorgovanka Tabaković, Governor  Belgrade, 19 February 2020  Ladies and gentlemen, esteemed members of the press, dear colleagues, Welcome to the presentation of the February Inflation Report, where we will give you an overview of recent macroeconomic trends, set out our new inflation and economic activity projections, and explain our monetary policy decisions in the period since the previous Report.
Looking at the year behind us, I am pleased to say that 2019 as well was marked by positive economic trends and prospects, despite the slowdown in global economic growth and ongoing trade and geopolitical tensions. This is first and foremost the result of an adequate and consistent economic policy that we are pursuing in Serbia.