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"One hundred years after Kawit, fifty years after independence, twelve years after EDSA, and seven years after the rejection of foreign bases, it is now the turn of the masses to experience liberation. We stand in the shadow of those who fought to make us free- free from foreign domination, free from domestic tyranny, free from superpower dictation, free from economic backwardness. "

- Joseph Ejercito Estrada

Economy

The Estrada administration is said to have a strong economic team, however the latter's administration failed to capitalize on the gains of the previous administration. Economic performance was hurt by the Asian Financial Crisis and climatic disturbance that caused extremes of dry and wet weather. Toward the end of Estrada's administration, the fiscal deficit had doubled to more than P100 billion from a low of P49 billion in 1998. Despite such setbacks, the rate of GNP in 1999 increased to 3.6 percent from 0.1 percent in 1998, and the GDP posted a 4.0 percent growth rate, up from a low of -0.5 percent in 1998. Debt reached P2.1 trillion in 1999. The inflation rate came down from 11 percent in January 1999 to just a little over 3 percent by November of the same year. This was in part due to the agricultural program Agrikulturang Maka Masa, through which it achieved an output growth of 6 percent, a record high at the time.

Anti- Crime Task Force

In 1998, by virtue of Executive Order No.8, President Estrada created the Presidential Anti-Organized Crime Task Force (PAOCTF) with the objective of minimizing, if not totally eradicating, car theft and worsening kidnapping cases in the country. With the help of this task force, the Philippine National Police for the first time in history achieved a record-high trust rating of +53 percent.[18]. Panfilo Lacson was its first head. He also created the Philippine Center on Transnational Crime (PCTC) in 1999, with the objective of formulating and implementing a concerted of action of all law enforcement, intelligence and other government agencies for the prevention and control of transnational crime.

Erap Para sa Mahirap

ERAP (Education, Research and Assistance Program) Foundation, Inc.

The ERAP (Education, Research and Assistance Program) Foundation, Inc. is a non-stock, non-profit corporation registered with the Securities and Exchange Commission on December 1, 1998. It embodies the mission and objectives of the foundation, to wit:

  • To initiate, provide and establish education, research and other forms of assistance programs and services to poor but deserving citizens of our country, and
  • To foster mutual assistance and self-reliance by promoting livelihood and self-help programs

MISSION STATEMENT

The ERAP Foundation seeks to:

  • Initiate, establish and provide education, research and other forms of assistance programs and services to economically and socially disadvantaged young Filipinos;
  • Conduct medical missions, render health care services; and
  • Promote livelihood and self-help programs

PROGRAMS

  • Scholarship program for the poor and less privileged, but deserving Filipino students all over the country
  • Mutual assistance and self-help programs as well as other forms of assistance
  • Programs of cooperation with private, government and other institutions

Pro-Poor Programs

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 government's 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 country's 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.

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what is the achievements of president Joseph estrada

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very hard

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being bad

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