But it does not prove that the nonparticipation has contributed to this favourable performance. The popularity of monetary union was not particularly high in Finland on the eve of EMU. According to a Eurobarometer survey conducted in autumn 1997, only one third of Finnish citizens supported the idea that EMU with one single currency would be “a good thing”.
In other words, responsible, timely, and disciplined monetary and financial policies helped keep our economic engines rolling and growing amidst global turbulence. Ladies and gentlemen of the Bangko Sentral ng Pilipinas. Lahat tayo, all of us contributed to this success. Sure, it was not a perfect year, but it was successful, nevertheless, based on our key metrics.