Thank you, Speaker de Venecia. Congratulations, Senate President Manny Villar; Vice President Noli de Castro; President Ramos; Chief Justice Panganiban; Members of the diplomatic corps; senators; congressmen and congresswomen; other officials, ladies and gentlemen.

Yesterday, without bloodshed, without damage to property, and within a single day, we overcame an ill-conceived mutiny carried out by misguided military officers. Such actions are deplorable and will be met with the full force of the law, including their political component. Yet they signal an underlying problem that we must address.

An Oakwood mutiny happened in my term but that doesn’t stop us from doing our main responsibilities.

Our administration in these past years were known to have contributed big record for road bridges and infrastructures an transportations such as

MRT/LRT extensionPNRSCTEXSkyway extensionrehabilitation ng SLEX at NLEXinternational airports in provincesTerminal 3

We also have contributed

₱555 billion in tourism investments

80 million PhilHealth Beneficiaries

In 2001 government targets we accomplished to Increase the chances of Filipino children finishing School

The result was we have 600,000 Pangulong Gloria Scholars and Built

100,000 classrooms

To Strive to achieve self-sufficiency in rice production and

Produce cheap rice and increase the numbers of prosperous farmers

We gave our fellow Filipino

₱150 billion loans from LANDBANK for farmers and also fisherfolk  and we got 5 million jobs generated from the housing sector

To control the budget deficit and collecting taxes vigorously, We implemented expanded value added tax eVAT Law under my term.The tax measure boosted confidence in the government's fiscal capacity and helped to strengthen the Philippine peso, making it East Asia's best performing currency in 2005–06.[21] The peso strengthened by nearly 20% in 2007, making it by far Asia's best performing currency for the year, a fact attributed to a combination of increased remittances from overseas Filipino workers and a strong domestic economy.[22]

And lastly we have higher economic growth than the past 3 presidents term did, Philippine economy grew at its fastest in decades in 2007 GDP exceeding 7% growth . Amid the 2008 global financial crisis, the Philippines still had the impressive GDP growth and it was so hard to keep it afloat but I did.

For those who want to pick up old fights, we’re game but what a waste of time. Why not join hands instead? Join hands in the biggest challenge of all, where we all win or we all lose: the battle for the survival and progress of our one and only country.

I shall relinquish the Presidency, with much if not all that I have outlined completed. I do not want it said then that, in the end, I defeated my enemies. I would rather have it said that all of us, you and I, friends and foes today, achieved together a country progressive, prosperous, and united.

Thank you. Mabuhay!