1. Reported by:
Leanne Marie C. Loyola
Stephanie Contesse S. Pagcu

2. People Power Revolution –
-Also known as EDSA Revolution or Philippine Revolution of 1986
-was a series of demonstrations in the Philippines that began in
1983 and culminated in 1986. The methods used amounted to a
sustained campaign of civil resistance against regime violence
and electoral fraud.
President Marcos signed Proclamation No. 2045 on Jan. 17, 1981 declaring the
end of Martial Law rule.
Question:
Why did Pres. Marcos declared to end the Martial
Law rule?
Pres. Marcos did this to show to the Filipinos and to the world that democracy
had been restored in the Philippines after more than 8 years of military rule.

3. The New Government
Marcos called for a presidential election on June 16,1981 to prove to
the world that the country was on its way to normalization after the
so-called “lifting” of Martial Law.
Marcos won the election. On April 17, 1981, the Philippines shifted to
the parliamentary form of government.
Pres. Marcos appointed Cesar A. Virata as Prime Minister.

4. The Assassination of Benigno
Aquino, Jr.
Benigno “Ninoy” Aquimo,Jr. was a former senator before Pres.
Marcos declared Martial Law. He boldly criticized and frequently
accused the Marcos regime of dictatorship.
He was imprisoned for 8 years during the Martial Law years.
Even in his imprisonment, he sought a seat in the Senate which
he won.
After suffering from a heart attack, he and his family were
allowed to go to the U.S. He underwent medical treatment
in U.S. and had a self-imposed exile for about 3 years.
Later, he decided to go back to the Philippines.

5. Thousands of Filipinos anxiously waited the homecoming of former senator
Ninoy Aquino,Jr. He came home to negotiate with Pres. Marcos
However, from the plane, Senator Aquino was assassinated. The military
identified the gunman as Rolando Galman.

6. The Aftermath of Ninoy’s
Assassination
Right after Ninoy was laid to rest ,demonstrations
and rallies were held to protest the death of
Ninoy.
Yellow ribbons and clothes became the
protester’s symbol. They were calling the
resignation of Marcos and the restoration of
justice and freedom in the country.
Corazon C. Aquino, widow of Ninoy, led the street
parliamentarians in Makati City.

7. Economic Crisis
Ninoy’s death affected the economy of the country. Foreign investors
gradually withdrew their business from the country.
Question:
Why did the foreign banks refuse to grant loans to the Philippines?
Because its unpaid debts had reached $27B
Tourism were also down because foreigners fearing for their safety
avoided the country. The exchange rate of the peso against the US dollar
reached P14 to one dollar. This resulted in increase in the prices of
commodities.

8. Investigation on Ninoy’s Death
Pres. Marcos created a committee to conduct an investigation on the
case. Corazon Agrava was appointed as chairman. The Agrava Board
submitted two reports to Pres. Marcos .
1st Report
In Chairman Agrava’s report stated that Aquino was shot by a
soldier and not Rolando Galman. It further stated that the military,
including General Luther Custodio, AVSECOM Commander and 6
others were involved.
2nd Report
The majority report submitted by the 4 members of the
Board stated that military officials and some soldiers were
involved in the double murder of Aquino and Galman.26
soldiers were implicated.