Presidency of Corazon Aquino

The Presidency of Corazon C. Aquino spanned for six years from February 25, 1986 to June 30, 1992.

The triumph of the peaceful People Power Revolution and the ascension of Corazon Aquino into power signaled the end of authoritarian rule in the Philippines and the dawning of a new era for Filipinos. The relatively peaceful manner by which Aquino came into power drew international acclaim and admiration not only for her but for the Filipino people, as well.

During the first months of Aquino's presidency, the country experienced radical changes and sweeping democratic reforms. One of Aquino's first and boldest moves was the creation of the Presidential Commission on Good Government (PCGG), which was tasked to go after the Marcos ill-gotten wealth; however, the PCGG itself was also implicated by corruption scandals after her presidency after it was alleged that officials wanted a cut of Marcos' assets and officials were "milking" sequestered assets. Aquino, being a revolutionary president by virtue of people power, repealed & abolished repressive laws under her predecessor, restored civil liberties, abolished the 1973 "Marcos Constitution" and dissolved the Marcos allies, loyalists, supporters-dominated Batasang Pambansa, despite the advice of her vice-president and only prime minister Salvador Laurel. She also immediately created a Constitutional Commission, which she directed for the drafting of a new constitution for the nation.

On the over-all, the Aquino administration made important gains in the aspects of bringing back democracy, restoring investor confidence in the economy and enacting legal and constitutional reforms. Despite these achievements, her presidency faced several threats from both right-wing military elements and extreme left-wing communist rebels. Further, her administration dealt with numerous problems such as major natural disasters which struck the country and severe power shortages which took a toll on doing business in the Philippines. It was also during her tenure that the United States finally ended its military bases and presence in the country.

Corazon Aquino, President (1986–1992)

Catalino Macaraig, Jr., Executive Secretary (1987–1990)

Juan Ponce Enrile, Secretary of National Defense (1986)

Fidel V. Ramos, Secretary of National Defense (1988–1991)

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