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Exchange controls were lifted and the Philippine peso was was put on the free currency exchange market. He returned the country to the free enterprise system.

One of the national goals was economic and social progress with prosperity reaching down to the masses.

He implemented the Five-Year program (Five-Year Socio-Economic Integrated Development Program). The objectives were immediate restoration of economic stability, alleviating the plight of the common man, and establishing a dynamic basic for future growth.

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12y ago

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