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CORAZO

N C.
AQUINO
(19861992)

Quick Facts

Mara CoraznCojuangcoy Sumulong de


Aquino
11thPresident of the Philippines
2nd and Last President of the Fourth Republic
1st President of the Fifth Republic

In office
February 25, 1986 June 30, 1992
Political party
-Liberal(Before 1982)
-PDP-Laban(19822009)
Other political affiliations
-United Nationalist Democratic
Organization(19801987)
First Female President of the Philippines

When Marcos unexpectedly called for


elections in 1986, Corazon Aquino became the
unified opposition's presidential candidate. She
took office after Marcos fled the country, and
served as president, with mixed results, until
1992.
Aquino became president after the Bloodless
Revolution that toppled the Marcos
Dictatorship. She restored democratic rule in the
country and protected it against authoritarian
threats and maintained freedom of expression.

She is considered the icon of democracy. Her


Presidency faced many problems an
economy
in its worst state since World War II, a
burdensome foreign debt, a burgeoning
communist insurgency and an armed
forces
corrupted by the patronage of the Marcos
Dictatorship.
With thePeople Power Revolution,Corazon
Aquino's assumption into power marked the
restoration of democracy in the country.

Aquinos
Administratio

1. Aquino immediately formed a


revolutionary government to
normalize the situation, and provided
for a transitional "Freedom
Constitution" that restored civil
liberties and dismantled the heavily
Marcos-ingrained bureaucracy
abolishing theBatasang
Pambansaand relieving all public
officials.
2. The creation of the Presidential
Commission on Good
Government(PCGG), one of Aquino's

3. Aquino restored democratic


institutions. However, her presidency
was threatened and challenged by
failed military coup attempts and
rebellions.
4. The Aquino government
implemented a 60-day ceasefire with
MNLF: President Aquino issued
Administrative Order No. 3, creating
the office of the Peace Commissioner.

5. The government adopted a total war


policy and directed the military to
implement a comprehensive counterinsurgency program to include
rehabilitation of rebel returnees.
6. The government proposed the
creation of autonomous regions in
the Cordilleras and Muslim Mindanao.
It also supported the Local
Government Code and implemented
pilot decentralization projects.

7. The government proposed a Medium Term


Development Program. It aimed at
alleviating poverty, generating more
productive employment , promoting equity
and social justice, and attainment of
sustainable economic growth.
8. President Aquino issued Presidential
Proclamation 131 and Executive Order 229
on July 22, 1987, which outlined her land
reform program, which included sugar lands.
Comprehensive Agrarian Program (CARP)
was the centerpiece of Aquinos
administration.

9. The governments economic program


was based on free market economics. It
also allowed import liberalization(lifting
tariffs on imports), deregulation, and
privatization program.
10. In 1987, Aquino approved the Omnibus
Investments Code, otherwise known as
the Executive Order No. 226 which
integrates the basic laws on investments,
clarifying and harmonizing their provisions
to encourage and guide domestic and
foreign investors.

11. Aquino decided to pay all existing


debts and resorted to borrowings to
bridge the fiscal deficit. The March
27 Accord rescheduled the $10.3
billion debt.
12. The Aquino administration also
emphasized cooperation and
friendship with the U.S and other
countries.

During her six years as the country's


president,
Aquino fended off coup attempts by
Marcos
supporters, and struggled to address
her
country's economic problems. In 1992,
she left
office, and was succeeded by her
former
defense secretary, Fidel Ramos.

By July 2009, Aquino was reported to be in


very serious condition, suffering from loss
of appetite, and was confined to
theMakati Medical Center.It was later
announced that Aquino and her family had
decided to stopchemotherapyand other
medical interventions for her.
Aquino, aged 76 years old, died peacefully
at the Makati Medical Center, ofcardiorespiratory arrest.