For the first time, these meetings are being hosted by a country in this region. I am sure that the IMF and the World Bank have made an excellent choice in selecting Dubai as the venue. I thank the United Arab Emirates for their warm hospitality and their splendid organizational performance. II. The economic situation in many parts of the world has improved.
Schedule for the remainder of 1998  BIS Review 77/1998  -4-  Given the huge volume of work to be completed during the remainder of the year it seemed to us appropriate to give priority to those issues relevant to credit institutions’ preparatory work for Stage Three.