The National Telecommunications Commission (NTC) collection in 2022 reached P9.50 billion, exceeding its 2022 collection target by 70.21 percent or over P3.92 billion.
In a statement, NTC Officer-in-Charge Commissioner Ella Blanca B. Lopez said that target collection for 2022 was pegged at P5.58 billion by the Development Budget Coordination Committee (DBCC). Actual collection, as of Dec. 31, 2022, reached was at P9.50 billion.
“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 Lopez, acknowledging 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.