last part..

In Conclusion

What I have outlined today is just a sampler of our P1.7 trillion Medium Term Public Investment Program. How will we fund all these? P1 trillion from state revenues, with tax reforms and firm orders to BIR and Customs to hit their targets. P300 billion from state corporations. The balance from government financial institutions, private sector investments, local government equity and our bilateral and multilateral partners.

Our new confidence and momentum for progress have imbued our foreign relations, with the ASEAN Summit last year and the coming ASEAN Regional Forum, with increased assistance from our allies and with continued support for our peace and security efforts in Mindanao.

We were able to strengthen our economy because of the fiscal reforms that we adopted at such great cost to me in public disapproval. But I would rather be right than popular.

Our fundamentals are paying off in huge leaps in investment. Anim na milyong trabaho ang nalikha sa anim na taon, most in sustainable enterprises. Sa lakas ng piso, bumagal ang pagtaas ng bilihin.

It is my ardent wish that most of the vision I have outlined will be fully achieved when I step down. It is my unshakeable resolve that the fundamentals of this vision will by then be permanently rooted, its progress well advanced and its direction firmly fixed with our reforms already bearing fruit. All that will remain for my successor is to gather the harvest. He or she will have an easier time of it than I did.

They say the campaign for the next election started on May 15, the day after the last. Fine.

I stand in the way of no one's ambition. I only ask that no one stand in the way of the people's well being and the nation's progress.

The time for facing off is over. The time is here for facing forward to a better future our people so desperately want and richly deserve.

Uulitin ko: Hindi ako sagabal sa ambisyon ninuman.

But make no mistake. I will not stand idly when anyone gets in the way of the national interest and tries to block the national vision. From where I sit, I can tell you, a President is always as strong as she wants to be.

Pagpalain tayo ng Diyos at ang dakilang gawaing hinaharap natin. The state of the nation is strong. Inyong lingkod, Gloria Macapagal Arroyo, Pangulo ng Republika ng Pilipinas.