8TH President Of The Philippines

Carlos Poléstico García

(1896-1971)

In March 1957 García became president after Magsaysay was killed in plane crash, and he won an elected term as president in November 1957.

  While in power, García’s government negotiated the transfer of unused United States military base areas to Philippine control. Criticized for inefficiency and corruption

During his administration, he acted on the Bohlen–Serrano Agreement which shortened the lease of the US Bases from 99 years to 25 years and made it renewable after every five years. He also exercised the Filipino First Policy, for which he was known. This policy heavily favored Filipino businessmen over foreign investors. He was also responsible for changes in retail trade which greatly affected the Chinese businessmen in the country.