In the 2013 elections, former President Joseph Estrada defeated Lim in the mayoral race. During his term, Estrada allegedly paid ₱5 billion in city debts and increased the city's revenues. In 2015, in line with President Noynoy Aquino's administration progress, the city became the most competitive city in the Philippines, making the city the best place for doing business and for living in. In the 2016 elections, Estrada narrowly won over Lim in their electoral rematch. Throughout Estrada's term, numerous Filipino heritage sites were demolished, gutted out, or approved for demolition. Among such sites are the post-war Santa Cruz Building, Capitol Theater, El Hogar, old Magnolia Ice Cream Plant, and Rizal Memorial Stadium, among many others Some of these sites were saved upon the intervention of various cultural agencies of government and heritage advocate groups against Estrada's orders. In May 2019, Estrada claimed that Manila was debt-free, however, two months later, the Commission on Audit verified that Manila has a total of 4.4 billion pesos in debt.