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Marcos was proclaimed winner of the election in November 1969, and was inaugurated to his second term just before the new year, on December 30, 1969. The social impact of the 1969–1970 balance of payments crisis very quickly led to social unrest – so much so that Marcos went from winning the elections by a landslide in November to dodging effigies by protesters just two months later, in ...
The Marcos administration approved 194 infrastructure projects, ranging from public transport, power, health, information technology, water resources, and agriculture. [ 1 ] [ 2 ] 77 of those project were carried from past administrations while 123 are “new and initiated” by the Marcos administration. [ 3 ]
Despite this, Malacañang maintains that these trips are crucial for securing investments and advancing the administration's economic agenda. [113] Marcos himself has consistently emphasized the importance of positioning the Philippines as a key investment destination in Asia, citing ₱3.9 trillion in investment pledges secured during his ...
Bagong Pilipinas was officially launched with a kick-off rally on January 28, 2024, at the Quirino Grandstand in Manila, the capital of the Philippines.It was attended by about 400,000 supporters with the participation of Vice President Sara Duterte, other key Malacañang officials, and Manila Mayor Honey Lacuna.
The Philippines is beset with numerous challenges, from soaring prices, food shortages, poverty and inequities in education, but Marcos, the son of the strongman overthrown in a 1986 revolt, said ...
The Marcos administration continued its strategy of relying on international loans to fund the projects that would support the booming economy, prompting later economists to label this a period of "debt driven" growth. [15] Marcos’ infrastructure spending grew significantly. However, many projects did not produce economic returns.
February 8, 2024 [55] 56 Regulating the issuance of low-numbered (protocol) license plates to government officials March 25, 2024 [56] 57 Strengthening the Philippines’ maritime security and maritime domain awareness [57] 58 Adopting the National Cybersecurity Plan 2023-2028, and directing the implementation thereof April 4, 2024 [58] 59
Marcos, 64, won last month's election in a landslide, capping off his wealthy family's decades-long quest to regain the presidency and transform its image after it was driven out in 1986. In a ...