We honor and thank my predecessor, Governor Say Tetangco, and the rest of our dedicated Monetary Board members, and other stewards of our institution before them, for their collective wisdom and for leaving us a legacy of excellence in the BSP.
With you at the helm to provide guidance, we were able to sail the rough seas and kept the economy and the financial system on 1/4  BIS central bankers' speeches  an even keel for the past 12 years. Please join me in giving them a warm round of applause for a job well done!