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Presidency of Joseph Estrada Jesse Russell

Presidency of Joseph Estrada

Jesse Russell

Published August 10th 2012
ISBN : 9785513302803
Paperback
78 pages
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 About the Book 

High Quality Content by WIKIPEDIA articles! The Presidency of Joseph Estrada spanned for 31 months from June 30, 1998 to January 20, 2001. Estrada reached the pinnacle of his political career when he was elected President of the Republic in the MayMoreHigh Quality Content by WIKIPEDIA articles! The Presidency of Joseph Estrada spanned for 31 months from June 30, 1998 to January 20, 2001. Estrada reached the pinnacle of his political career when he was elected President of the Republic in the May 11, 1998 national elections. With almost 11-million Filipinos writing his name on the ballot, his margin of victory was the biggest ever registered in Philippine electoral history. Speaking before millions gathered at his inaugural address in Manila, the newly-elected chief executive said his presidency would serve the Filipino masses whose welfare had long been neglected. A line from his speech, Walang kaibigan, walang kumpare, walang kamag-anak, was a stern warning against anyone who would attempt to undermine his administration with influence-peddling. Determined to bring his pro-poor platform to every facet of the governments operations, he immediately ordered the removal of all sovereign guarantees on contracts for public projects which would require the sovereign Filipino people to assume the financial losses of private companies doing business with the government. Records will show that until January 20, 2001, he did not sign a single government contract with a sovereign guarantee. Committed to cleaning the bureaucracy of undesirable elements, he ordered the immediate relief of corrupt officials in the military and police hierarchy. He ordered a wide-ranging investigation of all government contracts entered into by the previous administration to ensure these were above-board and directly advantageous to the citizenry. He ordered the investigation of suspected big-time tax evaders even if some of these individuals had contributed to his presidential campaign. His pro-poor program of government bore fruit in less than two years, with a significant improvement in the countrys peace and order situation. This likewise elicited a proportionate rise in the approval rating of the Philippine National Police. The Estrada administration undertook an aggressive housing program on a national basis, targeting low-cost homes for the poor. Agriculture received greater priority, while the national government likewise took steps to bring down the cost of medicine. Foreign investments grew exponentially, benefiting greatly from the unsullied and esteemed reputation of the best and the brightest chosen to be part of his Cabinet, and even more from his reputation as a strongly nationalistic yet progressive president.