GOOD NEWS: NTC breaches 2016 collection target by P 34.5 M
With barely 3 weeks left in 2016 to collect Administrative Fees, the National Telecommunications Commission (NTC), an agency under the Department of Information and Communications Technology responsible for the supervision, adjudication and control over all telecommunications services throughout the country, has already breached its P 4.835 Billion target for the year. Reports say that the NTC's collections have amounted to P 4.870B to-date.
The P 4.835B target was set by the Development Budget Coordination Committee (DBCC) composed of the Department of Budget Management (DBM), the Department of Finance (DOF) and the National Economic Development Authority (NEDA).
The achievement came from the NTC’s concerted efforts to strictly enforce stakeholders’ compliance in remitting administr...