Helen Clark governing coalition, and Clark was sworn in as Prime Minister on 5 December 1999. Clark led the Fifth Labour Government, which implemented several major economic initiatives including Kiwibank, the New Zealand Superannuation Fund, the New Zealand Emissions Trading Scheme and KiwiSaver. Her government also introduced the Foreshore and Seabed Act 2004, which caused major controversy. In foreign affairs, Clark sent troops to the Afghanistan War, but did not contribute combat troops to the Iraq War. She advocated a number of free-trade agreements with major trading partners, including becoming the first developed nation to sign such an agreement with China, and
Prime Minister of the Philippines dominated by Marcos' ruling party, the Kilusang Bagong Lipunan (New Society Movement). By June 12, the IBP was inaugurated which also confirmed Marcos' position as the Prime Minister of the Philippines. Upon his inauguration for a third presidential term on June 30, 1981, Marcos formally relinquished his powers as Prime Minister. He appointed then-Finance Minister Cesar Virata to succeed him to the post during the opening of the fourth regular session of the IBP on July 27, 1981. Virata, a grand-nephew of former President Emilio Aguinaldo, previously represented the country to World Bank's Council of Governors. Until the 1986 People