Home Business Bangko Sentral ng Pilipinas To Print 116M National ID Cards For Php3.4B

Bangko Sentral ng Pilipinas To Print 116M National ID Cards For Php3.4B

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Photo by PhilStar

By signing the memorandum of agreement (MOA) with the Philippine Statistics Authority (PSA), Bangko Sentral ng Pilipinas (BSP) will print out 116M National ID Cards that will cost the government Php3.4B or Php30 for each card.

BSP To Print National Cards, PSA To Embed Information

BSP Assistant Governor, Dahlia Luna said “Our contract with the [PSA], it’s at P3.4 billion, that is for 116 million cards. Practically, that is around almost P30 per card”. For the next three years, BSP looks to produce all 116M cards for both Filipino citizens and resident aliens. Although the embedding of information — such as full name, sex, date of birth, address, facial image, and address — will be done by PSA authorities, BSP will provide the necessary equipment.

PSA aims to print out around 15M cards and schedule a mass registration for the National Identification System or PhilSys by mid-2020, with an expected July rollout. By 2021, the number should reach by 50M, then completing the rest by 2022.

READ: What Are the Requirements to Acquire Philippine Dual Citizenship?

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