hard work and perseverance, anything is possible. while this is a wonderful achievement, it is also the beginning of a new journey. your children will face new challenges and opportunities in secondary school : bullying, teenagers'crises, difficulties in keeping up with an increase in subjects, new subjects, and the list goes on. as they step into this next phase of their education, your continued encouragement will be essential. celebrate their successes, no matter how small, and reassure them when they encounter difficulties. be their sounding board, their cheerleader, and their source of strength. encourage them to set new goals and strive for excellence. help them understand that success is a journey, not just a destination. remind them that it's okay to make mistakes and that every challenge is an opportunity to learn and grow. your belief in their abilities will empower them to keep pushing forward, no matter what. your children look up to you more than you might realise. show them the value of education, hard work, and kindness through your actions. let them see how you handle challenges and be the example of resilience and integrity that they can emulate. teach them that success is not just about personal achievements, but also about helping others and making a positive impact in the world. by supporting your children's education and dreams, you are helping to break the cycle of hardship and creating a path to a brighter future. education is a powerful tool that can open doors to countless opportunities. by ensuring that your children have the best possible start, you are setting them up for success in life. you are not just changing their lives ; you are changing the future for your entire family. the values you instil in them, the encouragement you provide, and the support you offer will resonate for generations to come. today, we celebrate your children's achievements, but we also celebrate you - the parents who have stood by their side, guiding them, believing in them, and giving them the courage to succeed. your children's success is your success, and together, you have shown that no challenge is too much. continue to love, support, and honour them finally, to you, the students, remember this : you are strong, you are capable, and the future is yours. believe in yourself, work hard, and go after your dreams. you've already shown that you can do incredible things. now go out there and be the best you can be because you can achieve even

must also ensure that there is just enough money in circulation to meet the requirements of the country. the amount of money in circulation must not be too low that it could lead to higher interest rates and slower economic growth. on the other hand, money supply must not be too high that it will be inflationary and reduce the purchasing power of the peso. this is a complex and challenging balancing act. as mentioned before, it is imperative that the banking sector remains sound and healthy as it provides the funding requirements of the economy, using essentially money entrusted to it by the people. in fact, funding for more than 70 % of the resources of the banking system come from deposits which, as of june 2006, had reached p3. 2 trillion. ensuring the stability of our payments and settlements system is equally important. as the bank of banks, the bangko sentral serves as an effective clearing house for high value inter - bank transactions as it holds cash balances of the banks. for this purpose, the bangko sentral operates a real - time gross settlement system which we call the philippine payments and settlements system or philpass which processes about 2, 000 transactions with a total value of about 300 billion pesos …. daily. this is therefore a vital service as it minimizes settlement risks for high value transactions that may adversely affect the stability of the financial system. i hope that you will continue to support bangko sentral's policies and programs ; in the same manner, you can depend on our support …. if there is convergence on what our respective institutions want to accomplish. indeed, with appropriate programs of cooperation and complementation, the government and the private sectors can unleash the synergy which could sustain growth and development of our economy ; jobs and income for the man on the street ; as well as peace and prosperity for our country. let us therefore work together to sustain our growth momentum and continue to implement our reform agenda. remember, in the face of increasing global competition and millions of filipinos who remain mired in poverty, we either innovate …. or stagnate. let us choose to innovate … together. maraming salamat sa inyong lahat.