MANUEL ACUNA ROXAS ( January 1, 1892 - April 15, 1948 )

(January 1, 1892 – April 15, 1948) was the first president of the independent Third Republic of the Philippines and fifth president overall.

ECONOMIC

•           Establishment of the Rehabilitation Finance Corporation .
•           Central Bank and National Power Corporation has been created .
•           Passed the Philippine Trade Act also known as Bell Trade Act.
•           Initiated Tenancy act.

HEALTH

•           Philippine War Damaged Commission was prioritized the use of the funds on expenditures for health , waterworks , and education and public buildings.

EDUCATION

•           The reconstruction of the damaged school buildings alone cost more than Php 126,000,000.

PEACE AND ORDER

•           The Philippines entered into negotiations with the US for the national security issue.
•           Clark air base and Subic Bay Naval Base exchanged for Military aid.
•           Roxas proclaimed a general amnesty for guerillas.