Cesar Virata
| Cesar A. Virata | |
|---|---|
Virata as Secretary of Finance in 1983
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| 4th Prime Minister of the Philippines | |
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In office June 30, 1981 – February 25, 1986 |
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| President | Ferdinand Marcos |
| Deputy | José Roño |
| Preceded by | Ferdinand Marcos |
| Succeeded by | Salvador Laurel |
| 3rd Director-General of the National Economic and Development Authority Concurrently Prime Minister of the Philippines |
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In office 1983–1984 |
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| Preceded by | Placido Mapa, Jr. |
| Succeeded by | Vicente Valdepeñas, Jr. |
| Minister of Finance | |
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In office February 9, 1970 – March 3, 1986 |
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| Preceded by | Eduardo Romualdez |
| Succeeded by | Jaime Ongpin |
| Mambabatas Pambansa (Assemblyman) from Cavite | |
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In office June 30, 1984 – March 25, 1986 Served with: Helena Z. Benitez Renato P. Dragon |
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| Mambabatas Pambansa (Assemblyman) from Region IV | |
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In office June 12, 1978 – June 5, 1984 |
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| Personal details | |
| Born |
December 12, 1930  Kawit, Cavite, Philippine Islands
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| Political party | Kilusang Bagong Lipunan (1978–1986) |
| Religion | Iglesia Filipina Independiente |
Cesar Emilio Aguinaldo Virata (born 12 December 1930) is a Filipino politician and businessman who was the fourth Prime Minister of the Philippines from 1981 to 1986. He is the eponym of the Cesar Virata School of Business, the business school of the University of the Philippines Diliman.
One of the Philippines' business leaders and leading technocrats, he served as Finance Minister from 1970 to 1986 under President Ferdinand Marcos. It was during this time that the Philippines became economically strong through healthy trade and budgetary surpluses. However, other studies show budgetary deficits during the same period (PIDS, Budget Deficits, 2004, 4(1)), particularly during the later years of the Marcos regime. These deficits were precipitated by the oil crises' and the mass protests against the Marcos regime (supported by the international financial community) following the assassination of opposition leader Senator Benigno Aquino, Jr.
Virata served as Prime Minister of the Philippines from 1981 to 1986 under the Interim Batasang Pambansa and the Regular Batasang Pambansa, concurrently with his position as Finance Minister.
He also headed the National Economic and Development Authority (NEDA), the country's highest economic planning body, while also serving as the Prime Minister. Virata was the third to occupy the position and was succeeded by economist Vicente Valdepeñas, Jr..
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