FULL TEXT: Rodrigo Duterte's open letter on 2016 bid

MANILA, Philippines — Davao City Mayor Rodrigo Duterte turned his back on the opportunity to run for president after months of speculation that he is going to pursue the country's top seat.

In an open letter on Monday, Duterte apologized to his supporters who hoped that he would pursue a bid to the presidency, saying his visits in different towns around the country was only to call for a change in the system of government to federalism.

FULL STORY: Duterte reiterates decision not to run for president

Read the complete text of his letter:

My friends and fellow Dabawenyos,

I am sorry to disappoint those who spent much and worked hard and long in support of me as I went around the country espousing the benefits and advantages of federalism. I therefore beg for everyone’s kind understanding and acceptance of my sincerest apologies. After all, there was no ambition for me to aspire for the presidency. The country does not need me. I find no need for it. I guess it is fate that wills that our long journey together should end this way.

Time and again, those who believed in me and in the cause that I advocated and continue to advocate, advised me to go for the country’s presidency because that is the destiny that awaits me. But I believe that my destiny is to end years and years of public life in the service of Davao City and every Dabawenyo.

Thus, if Inday Sara agrees to run for Mayor, I will retire at the end of my term in 2016. If she does not, the option to be Mayor again is on the table.

When all is said in the wake of this decision, perhaps we can find comfort in the thought that this is indeed a beautiful day to end a wild dream.

God bless the Philippines. God bless us all!