Successful community development projects require vision, commitment, tough choices, and hard work. Indeed, these are the qualities that each of the projects honored here tonight share.
In this challenging environment, having a single, clear and unambiguous objective helped to focus attention on the fulfilment of our mandate, at a time when many siren voices were calling for actions in other directions. In turn, this clear focus supported our credibility with the markets and public, while the quantitative definition of price stability provided an anchor for inflation expectations.