Who is the father of Gloria Macapagal Arroyo?

Anonymous's picture

Who is the father of Gloria Macapagal Arroyo?

Fri, 07/22/2011 - 15:08

Sino ang ama ni Gloria Macapagal Arroyo na naging pangulo ng Pilipinas?

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Rod's picture

Diosdado Macapagal

Fri, 07/22/2011 - 15:09

Diosdado Macapagal (1961-1965) was vice president when he ran for the 1961 presidential election and defeated President Garcia. Under his term, President Macapagal declared June 12 as the national Independence Day in memory of General Aguinaldo's declaration of freedom from Spain in 1898.

As president, Macapagal began a five-year socio-economic program by removing imports control and liberalizing foreign exchange. In 1962, he began devaluing the peso by half to around 3.90 to the US dollar. He also initiated a shift in investments from the light industries to chemicals, steel and industrial equipment. Macapagal was also a founding leader of the Association of the Southeast Asian Nations (ASEAN).