ocr: The Philippines is a multiparty democracy. Main Political Issues Power cuts The 1986-1992 Aquino administration neglected investment in power stations. As a result, the Philippines suffers from widespread power cuts; in 1992 these occurred on 258 ofthe 297 working days. The cuts are disrupting business and deterring foreign investment in the Philippines. Under the Electric Power Crisis Law of1993,President Ramos was given extra powers to deal with the problem. New: power station projects will no longer be subject to planning controls and the president is free to raise electricity prices by dic ...
