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The 1987 Constitution is the one currently in effect and was created following the ascendancy of Corazon Aquino to presidency in 1986. She formed a commission to frame a new constitution to replace the 1973 Constitution formed during the reign of her predecessor Ferdinand Marcos.

The commission finished the draft charter within four months and a majority of voters approved it in a referendum in February 1987.

The Preamble reads:

"We, the sovereign Filipino people, imploring the aid of Almighty God, in order to build a just and humane society and established a government that shall embody our ideals and aspirations, promote the common good, conserve and develop our patrimony and secure to ourselves and our posterity the blessings of independence and democracy under the rule of law and a regime of truth, justice, freedom, love, equality, and peace, do ordain and promulgate this Constitution."

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