 | |
| Presidency of Fidel Ramos June 30, 1992 – June 30, 1998 | |
Fidel V. Ramos | |
| Cabinet | See list |
| Party | Lakas–CMD |
| Election | 1992 |
| Seat | Malacañang Palace, Manila |
|
| |
The presidency of Fidel V. Ramos, also known as the Ramos administration spanned for six years from June 30, 1992, to June 30, 1998. Ramos is the first Protestant president of the country, and the first Christian Democrat to be elected, being the founder of Lakas-CMD (Christian-Muslim Democrats Party). He was included as one of the most influential leaders and the unofficial spokesman of liberal democracy in Asia.[1]
The first few years of Ramos' administration (1992–1995) were characterized by economic boom, technological development, political stability and efficient delivery of basic needs to the people. Under Ramos' presidency, the country's Gross National Product averaged 5 percent annually. Ramos pushed for the deregulation of key industries and the liberalization of the economy; he encouraged the privatization of public entities to include the modernization of public infrastructure through an expanded Build-Operate-Transfer law. This marked the beginning of the presence of Neoliberal ideology in the Philippines.
Ramos forged a peace agreement with military rebels and the secessionist Moro National Liberation Front (MNLF). In 1993, he ended a power crisis that crippled Filipino homes and industries for two years. He implemented a comprehensive Social Reform Agenda (SRA) to address poverty.