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Diosdado Pangan Macapagal Sr. GCrM, KGCR (Tagalog: [djosˈdado makapaˈɡal]; [1] September 28, 1910 – April 21, 1997) was a Filipino lawyer, poet and politician who served as the ninth President of the Philippines, serving from 1961 to 1965, and the sixth Vice President, serving from 1957 to 1961.
Diosdado Macapagal, president from 1961 to 1965 In the 1961 presidential election , Macapagal ran against Garcia and defeated the incumbent president by a 55% to 45% margin. Seeking to stimulate economic development , Macapagal took the advice of supporters and allowed the Philippine peso to float on the free currency exchange market.
Diosdado Macapagal: December 30, 1961 – December 30, 1965 Vice-President: Emmanuel Pelaez: December 30, 1961 – December 30, 1965 Secretary of Agriculture and Natural Resources: José Locsin: 1961–1962 Benjamin Gozon: 1962–1963 José Feliciano: 1963–1965 Commissioner of Budget: Faustino Sy-Changco: February 15, 1960 – December 30, 1965
One major economic achievement of the first Marcos administration arose from placing tax reform in its legislative agenda. Because landlords dominated the legislature, no new tax initiatives since midway into the term of Carlos P. Garcia, in 1959. The Macapagal administration had gone by with no new tax laws passed at all.
The 1965 Philippine presidential and vice presidential elections were held on November 9, 1965. Incumbent President Diosdado Macapagal lost his opportunity to get a second full term as president of the Philippines to Senate President Ferdinand Marcos.
When his protégé Diosdado Macapagal was elected president in 1961, Lingad joined the Macapagal administration, first as Chairman of Games and Amusement Board, second as Commissioner of Bureau of Internal Revenue, then Commissioner of Bureau of Customs and, ultimately Secretary of Labor. [3]
1.5 Macapagal administration. 1.5.1 Land Reform Code. ... (RA 3844) was a major Philippine land reform law enacted in 1963 under President Diosdado Macapagal. [8]
The Stonehill scandal, named after American expatriate businessman Harry Stonehill, [1] was a 1962 bribery scandal in the Philippines which implicated high level government officials, including President Diosdado Macapagal, [2] future President Ferdinand Marcos, [2] [3] former President Carlos P. Garcia, [3] and numerous other top Philippine officials, who were accused of accepting bribes to ...