(Bloomberg) -- Ferdinand Marcos Jr., the late Philippine dictator’s son and namesake, will be officially sworn in as president on Thursday, completing his family’s political revival nearly four decades after his father’s ouster.

Marcos will take the oath of office at the Old Legislative Building in Manila, where his father worked as a lawmaker and which now houses the National Museum. The incoming leader said in a video blog over the weekend that he wanted a solemn inauguration that sticks with tradition.

The former senator returns to the presidential palace where he spent his youth before his family fled in 1986 due to a popular mass uprising. He won the presidency by a landslide with a campaign that promised unity and measures to spur the economy after the pandemic, even as opponents accused him of misportraying the dictatorship as a golden era for the Philippines.

“The Marcos name has essentially been rehabilitated,” said Ronald Holmes, a political science professor at De La Salle University in Manila. “However, his performance will still determine if his family’s name will be acknowledged. If he misperforms, then it will be the opposite.”

Outgoing leader Rodrigo Duterte’s daughter, Sara Duterte, will assume the vice presidency after teaming up with Marcos for the elections and bringing together two powerful political clans. The incoming officials face a raft of economic challenges, including surging inflation and government debt that ballooned due to the pandemic.

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