ILOILO – National Economic and Development Authority (NEDA) secretary Karl Kendrick Chua urged the youth to register for the Philippine Identification System (PhilSys) and contribute solutions to accelerate the growth of the digital economy in the country.
“Ang ating karanasan sa gitna ng pandemya ay nagbigay-diin sa kahalagahan ng ligtas, mabisa, at inklusibong banking at social services, lalo na para sa mga mahihirap. Bago matapos ang taong 2021, target natin na mai-rehistro ang 50 to 70 million Filipinos sa PhilSys,” Chua said during the 2021 BSP Youth Summit organized by the Bangko Sentral ng Pilipinas on July 9.
“Ito ay magbibigay-daan para sa malawakang paggamit ng electronic payments na magpapalago sa ating digital economy,” he added.
The official also stressed that PhilSys has the potential to be one of the most game-changing reforms of the country, as it can drastically improve the delivery of government services and make systems more resilient against future crises.
With this, he encouraged the youth to register and assist their family and friends, especially their elders, in registering for the national ID online. Chua also encouraged the participants to consider joining the government to implement their ideas on financial inclusion and digital transformation.
As of July 2, 2021, around 37.2 million individuals have registered for step one or the demographic data collection. Some 16.2 million individuals have also completed their step two registration or biometrics capture, and around 4.4 million have applied for bank accounts. Moreover, 343,742 registrants have received their PhilID cards./PN
