MANILA, Philippines – The economy under the late former president Fidel Ramos is described by experts and monetary institutions as a period of consistent economic growth.
Ramos, through his program called Philippines 2000, aimed for a shift from an agrarian to industrial economy. He also fought monopolies and pushed for economic liberalization. (READ: Fidel Valdez Ramos: The president who guarded democracy, broke monopolies, made peace)
Some groups, however, call Ramos’ policies anti-poor.
In this TikTok video, Rappler business reporter Ralf Rivas gives an overview of some of the former president’s economic policies. – Rappler.com