🔴 FULL: SONA 1989 - President Corazon Aquino’s 3rd State of the Nation Address | Cory Aquino Speech

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SUPPORT OUR CHANNEL TODAY, buy DemokrasyaTV a coffee! 😊🇵🇭🇵🇭🇵🇭 We don’t get monetized, all this is for free - but your support would be greatly appreciated. Salamat po! 💛 ⬇️⬇️⬇️ buymeacoffee.com/DemokrasyaTV President Corazon C. Aquino’s 1989 State of the Nation Address, delivered midway through her term, reflected a Philippines that had moved from recovery toward broad-based development. She reported that the economy remained on track, with GDP growing by 5.7% in 1989. Foreign investments surged to ₱17.48 billion, a 75% increase over the previous year, while the country’s foreign debt fell by 4.3%, easing from US$27.8 billion in 1988 to US$26.6 billion by early 1989. The stock market recorded unprecedented activity, surpassing ₱22 billion in business volume, signaling renewed investor confidence. Aquino highlighted that this growth was not abstract but translated into direct benefits for Filipinos. Over 703,000 jobs were created, reducing unemployment from 9.6% to 9.2%. Worker welfare also improved, with per capita income rising by 3.3%, public sector salaries raised to at least ₱2,000, and a ₱25 daily increase to the private sector minimum wage. Social services expanded significantly: 91,349 families gained homes in 1989 alone, while free public secondary education reached over a million high school students. To accommodate this expansion, 26,406 classrooms were constructed, alongside support for 101,000 additional students enrolled in private schools under service contracts. Infrastructure and rural development were central themes of Aquino’s 1989 address. The government built 1,407 kilometers of major roads and 4,890 kilometers of feeder roads that year, bringing total achievements since 1986 to 3,365 kilometers and 18,120 kilometers, respectively. In agriculture, irrigation reached 27,530 hectares, directly benefiting more than 18,500 farmers. Access to essential utilities also improved: nearly 7 million people gained safe drinking water from over 51,820 new projects, while electricity was extended to 2,