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During Ramos' term, the Philippines became a pioneer in the use of Build-Operate-Transfer (BOT) schemes to spur development, where, with limited government financial capability to do such, private investors are invited to build certain government projects (i.e. tollways, power plants, railways, etc.), operate them for a set period of time, and ...
The Philippines 2000 platform was widely successful, making it one of the greatest legacies of the Ramos administration to the Philippines. Ramos was successfully able to open the then-closed Philippine economy and break Marcos-era formed monopolies, especially with regard to Philippine Airlines and the Philippine Long Distance Telephone Company, which were privatized and de-monopolized during ...
Fidel Valdez Ramos CCLH GCS KGCR (Tagalog: [pɪˈdɛl bɐlˈdɛs ˈɾamos]; March 18, 1928 – July 31, 2022), [2] popularly known as FVR, was a Filipino general and politician who served as the 12th President of the Philippines from 1992 to 1998. He was the only career military officer, who reached the rank of five-star general/admiral de jure.
The Armed Forces of the Philippines (AFP) Modernization Act, [1] officially designated as Republic Act No. 7898, [1] was a Philippine law that was enacted on February 23, 1995, by President Fidel V. Ramos.
The government of Corazon Aquino had initiated a wide-ranging privatization programme selling 122 companies for US$2 billion in 1986-1992. When Fidel Ramos succeeded her he broadened the privatization program to infrastructure, resolving an electric power crisis through rapid private investments in power plants in 1992-94.
The cigar-chomping Ramos served as president from 1992 to 1998, after playing a key role in the 1986 ouster of dictator Ferdinand Marcos. Fidel Valdez Ramos, former Philippine leader who helped ...
By May 1993, former President Fidel Ramos sought out investors to fund the Casecnan Phased Transbasin Project. It became one of the flagship programs of the Ramos government and by 1995, the Casecnan Project got approved for construction. [ 2 ]
[1] [2] The coup's intent was to take advantage of the public disruption arising from revelations of cheating during the 1986 Philippine presidential election, and replace Marcos with a military junta which would include Enrile, Philippine Constabulary Chief Fidel V. Ramos, then-Presidential Candidate Corazon Aquino, and Roman Catholic Cardinal ...