6 January
“My government will undo the evils institutionalized by the Marcos regime.”
– Corazon Aquino, Candi-date for the presidential snap elections
21 January
“We have succeeded in ensuring the economic stability of our Republic.”
– Pres. Ferdinand Marcos
7 February
Snap elections is held for President and Vice President. Marcos is re-elected in the fraudulent snap polls.
14 February
“A government that assumes or retains power through fraudulent means has no moral basis.”
– Catholic Bishops’ Conference of the Philippines Pastoral Letter
22 February
Defense Secretary Juan Ponce Enrile and Philippine Constabulary Chief Fidel Ramos withdraw support for Pres. Marcos.
23 February
Opposition supporters gather in Camps Aguinaldo and Crame and set up human barricades against Marcos troops along EDSA.
25 February
Cory Aquino takes her oath as President before Associate Justice Claudio Teehankee at Club Filipino.
28 February
Executive Order No. 1 creates the Presidential Commission on Good Government.
3 March
“The business community expresses full confidence in the leadership of Pres. Aquino. We support her efforts in mobilizing the resources and forces of Philippine society and in rebuilding the foundations and structures of our country.”
– MBC statement
24 March
Pres. Aquino issues Proclamation No. 3, which decreed a Provisional Constitution a.k.a Freedom Constitution.
24 March
MBC trustees Ricardo Romulo and Bernardo Villegas are asked to serve in the Constitutional Commission.
26 March
Jaime Ongpin is appointed Finance Minister. Several MBC members join the government: Jose Concepcion Jr. as Trade and Industry Minister; Vicente Jayme as Public Works and Highways Minister; and Vicente Paterno as Energy Deputy Minister.
11 April
AFP Chief of Staff Fidel Ramos appeals for reconciliation as the government’s new strategy to attain peace and order (Reconciliation and
National Unity).
6 July
Former Vice Presidential candidate Arturo Tolentino attempts to establish a rival government in an oath-taking in Manila Hotel.
7 August
“If it chooses to, the public can take a more direct role in actual legislation through a new provision which constitutionalizes initiative and referendum.”
– Ricardo Romulo, Bernardo Villegas, and Christian Monsod, Constitutional Commission members
9 October
Pres. Aquino reiterates that with the favorable environment of trust and confidence in the new government, it can easily convince creditors to reschedule debts and allow deferment of US$3.25 billion of principal payments for five to six years.
23 November
Pres. Aquino foils “God Save the Queen” coup plot led by Marcos loyalists. Defense Minister Juan Ponce Enrile and entire Cabinet resign.
27 November
Government signs 60-day peace pact with the National Democratic Front.