As in many other areas of responsibility, the Bank is also proud of the progress made with the transformation of its staff complement over the past five years. 6. Conclusion  Indeed over the past five years, many challenges were faced head-on by the Bank. Important milestones were achieved and the stage is now set for further improvements in our work.
Of immediate importance is the achievement of the inflation target, maintaining banking stability and transforming our staff complement further. There are many more challenges ahead. Thank you. 4  BIS Review 43/2003