9TH President Of The Philippines
Diosdado
Macapagal (1910-1997
Macapagal immediately cracked down on
government graft and corruption. His campaign earned him the nickname The
Incorruptible.
He sought to maintain strong ties with the
United States and was an outspoken opponent of Communism. He pursued largely
unsuccessful economic programs that abolished repressive government controls in
an attempt to stimulate the economy and increase employment.
During his
presidency, the Philippines enjoyed prosperity and was the second most
developed country in the Asian region, next only to Japan and ahead of the
future tiger economies of Asia such as Singapore, Taiwan, and Korea. Allowed
the Philippine peso to float on the free currency exchange market. abolition of
tenancy and accompanying land reform program in the Agricultural Land Reform
Code of 1963 which underscored his endeavor to fight mass poverty.
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