Malacañang explained that it did not include the 38th anniversary of the EDSA People Power Revolution in the list of special non-working days for 2024 as its observance has minimal socioeconomic impact since it falls on a Sunday.

The Office of the President (OP) said this after it released Friday Proclamation No. 368, identifying the regular holidays and non-working days for 2024.

In a statement, the OP said declaring Feb. 25, 2024, a holiday would not have much impact since it falls on a Sunday.

"There is a minimal socioeconomic impact in declaring such a day as a special non-working holiday since it coincides with the rest day for most workers/laborers," it wrote.

Despite this, the OP said it respects the commemoration of the historic event.

"The Office of the President maintains the respect for the commemoration of the EDSA People Power Revolution," it said.

No law requires the EDSA People Power Revolution anniversary to be declared a special non-working holiday. However, proclamations over the years have declared it as such to commemorate the return of the country's democracy.

This year, the 37th anniversary of the EDSA People Power Revolution fell on a Saturday, prompting President Marcos to move it to Friday, Feb. 24, citing holiday economics. However, this was announced on Feb. 23.