Pursuant to the principle of holiday economics, Malacañang declares February 24, 2023, a special non-working holiday in celebration of the EDSA People Power Revolution anniversary which falls on a Saturday.

Marcos: The celebration of the EDSA People Power Revolution Anniversary may be moved from 25 February 2023 (Saturday) to 24 February 2023 (Friday), provided that the historical significance of the EDSA People Power Revolution Anniversary is maintained.

The EDSA People Power Revolution is a series of non-violent protests and civil disobedience in the Philippines that took place in February 1986. It is widely regarded as one of the most significant events in Philippine history, as it led to the overthrow of the authoritarian regime of President Ferdinand Marcos and the restoration of democracy in the country.

The revolution was sparked by a disputed presidential election in 1986, in which Marcos was accused of rigging the results in his favor. The opposition, led by Corazon Aquino, organized protests and called for Marcos to step down. On February 22, 1986, Marcos called for snap elections, which he eventually lost to Aquino.

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