The Ramos Administration
The Ramos administration focused on the country's economic development. President Fidel Ramos wanted that the country would reach the status of a newly industrialized country (NIC) by the year 2000. The economic reforms implemented by Ramos were supposed to be intended to open up for economy. His economic program was focused on trade liberalization which means taking out the restriction of free trading and privatization which mean the transferring of a public industry to a private one .Ramos is remembered in history as the president with the most number of state visits. Ramos foucused his attention on the government reconcilation program with the Muslim secessionist groups. One of the challenges faced by the Ramos administration was the power crisis, during that time, the country experienced extensive blackouts due to the intese demand for electricity from power plants.
