GOVERNMENT finished collecting demographic data from 37.2 million Filipinos for the national ID card, near its target of 50 to 70 million by the end of 2021, said the National Economic Authority and development (NEDA).
The last number represents Filipinos who have completed the first step of the process for the Filipino Identification System (PhilSys) since July 2, NEDA said in a statement.
Meanwhile, 16.2 million Filipinos have completed the second stage or biometric capture, while 343,742 have already received their national ID cards.
The Philippine Statistics Authority plans to enroll the majority of the population in PhilSys by 2022.
“This [national ID] will help the government to effectively identify beneficiaries of social protection programs and trigger the widespread use of electronic payments to accelerate the digital economy, âSocio-Economic Planning Secretary Karl Kendrick T. Chua said in a statement. communicated.
PhilSys was mandated by Republic Law 1105 which was signed in 2018. It grants Filipinos a national ID, which will serve as a unique identification system for all citizens, eliminating the need to present multiple documents. government issued identity cards.
The national ID card is also helping to attract more Filipinos into the financial system, as 51.2 million adults still did not have a bank in 2019, according to a study by Bangko Sentral ng Pilipinas (BSP), many citing the lack of documentary requirements as an obstacle to opening accounts with banks.
The BSP published in June the memorandum n Â° M-2021-035 which asked the banks to accept the national identity card as the only proof of identity for those who wish to open accounts.
Mr. Chua said he wanted to “achieve 100% financial inclusion at the family level by the end of the year” through the national identity card.
PhilSys has partnered with the Landbank of the Philippines to enable registrants to open bank accounts at registration centers. Some 4.4 million registrants had requested accounts with the state bank as of July 2. – LWT Noble