NTC exceeds 2022 collection target by 70%
THE National Telecommunications Commission (NTC) exceeded its 2022 collection target by over P3.92B or 70.21 percent. Target collection for 2022 was pegged at PHP 5.58B by the Development Budget Coordination Committee (DBCC). Actual collection, as of 31 December 2022, was at PHP 9.50B.
NTC Officer-in-Charge Commissioner Ella Blanca B. Lopez said, “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.” Lopez also acknowledged the effort exerted by the Agency’s employees for the feat.
NTC’s achievement was a culmination of its personnel’s concerted effort to strictly enforce stakeholders’ compliance in remitting spectrum users’ fees, supervision and regulation fees and penalties. NTC is the government agency that regulates cable and commercial television operators, broadcast radio stations, telecommunications companies and commercial and portable radio operators.
Collection targets of the Agency are mandated in the Budget of Expenditures and Sources of Financing, a document required by the Constitution and consolidated by the Department of Budget Management.
