The National Telecommunications Commission reported exceeding its collection target for 2022 by 70 percent with P9.50 billion. | JMangaluzINQ
MANILA, Philippines — The National Telecommunications Commission on Friday reported exceeding its collection target for 2022 by 70 percent with P9.50 billion.
“Target collection for 2022 was pegged at PHP 5.58B by the Development Budget Coordination Committee . Actual collection, as of 31 December 2022, was at PHP 9.50B,” it said in a statement.The NTC attributed this success to organized efforts to ensure that stakeholders comply with necessary fees such as remitting spectrum users’ fees, supervision and regulation fees, and penalties.
“The NTC’s systematic collection effort is the Agency’s modest way of contributing to the public service programs of our dear President Ferdinand R. Marcos, Jr. – priorities of which are on food security, free and universal primary education, and public health,” said NTC Officer-in-Charge Commissioner Ella Blanca Lopez.
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