In order for the central bank to achieve its missions, improvement of the institutional framework is necessary, but what is more important is that the Bank manages its policy and operations with due responsibility.
We at the Bank are very conscious of this and will exert ourselves to the utmost to ensure that the Bank fulfills its responsibilities amid the ongoing globalization and shifts to market-oriented economies. I would like to conclude by expressing my hope for your continued support and understanding. BIS Review 142/1996