Fidel V. Ramos
He was elected President in 1992 elections. Joseph Estrada was elected Vice President.
Ramos was born on March 18, 1928 in Lingayen Pangasinan. He is married to Amelita Martinez Ramos, former consultant at the International School in Makati. The couple have five children, all girls.
President Ramos helped topple the Marcos regime when he then Minister Juan Ponce Enrile led the the defection of 85% of the Armed Forces of the Philippines, including the Air Force. This encouraged the People Power that drove Marcos and his family to exile.
Ramos also helped the Aquino government restore democratic institutions, leading the Armed Forces of the Philippines in protecting the country from extremist groups, both Left and Right.
President Fidel Ramos holds three master’s degree, an MBA from Ateneo de Manila University (1980), an MS in Civil Engineering from the University of Illinois (1951); and a Masters in National Security Administration from the National Defense College (1969). He graduated from the US Military Academy in 1950, and is a member of the Phi Kappa Phi honor society, West Point Chapter.
He fought the Huks in Southern Luzon as a platoon leader of the Second battalion Combat Team in 1951. Then he commanded the infantry company of the 16th BCT. He served as a reconnaissance platoon leadr of the 20th BCT of the Philippine Expeditionary Force to Korea in 1952.
He commanded the advance party o the Philippines Civic Action Group to Vietnam in 1966, later on becoming the unit’s Chief of Staff.
Various staff positions followed and then he was designated Presidential Assistant on Military Affairs in 1968, Chief of Constabulary in 1972, Director General of the Integrated National Police in 1975 and AFP Vice Chief of Staff in 1981.
President Corazon Aquino named him AFP Chief of Staff in February 1986. It was also President Aquino who helped him win the presidency for she endorsed him and campaigned for him at the end of her term.
During his six year term, he liberalized the economy, dismantled trade barriers, reformed the tax system, deregulated the downstream oil industry, opened up the banking system to more foreign groups, encouraged the entry of foreign investors and kept the government’s fiscal position in surplus since 1994.
US-based Chase Securities, Inc., in its May economic outlook, said the Philippines, along with South Korea was keeping itself afloat well while others in the region were still groping for the bottom.
It is noted that by 1996, economic growth had accelerated to nearly 7 percent, led by exports and investment. At the same time, inflation had fallen to well within single digits and the external position had strengthened with rapid export, increasing reserves and a steady reduction of the debt burden.
In 1997, the country’s gross national product growth slowed down to 5.8 percent, still respectable level amid the currency shake-out.
If not the regional currency crisis, which had pre-empted the country’s dreams of joining the Tiger Club of Southeast Asia, President Ramos would thus have made his exit amid a sustained economic take off. And it would have been perfect opening salvo for the next administration.
The BSP chief expressed optimism, however, that the economy was again beginning to settle down following many months of turbulence.
On June 30, 1998, President Ramos stepped down to give way to the next elected president, Joseph Estrada. It will be up to historians and biographers to put down the accomplishments of the government he has led.
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