That is why the Financial Inclusion Steering Committee (FISC), of which the BSP is a member, endorsed the Open Access to Data Transmission Bill as priority legislation to the LegislativeExecutive Development Advisory Council. The bill aims to address Internet infrastructure gaps by bringing in more players to the broadband sector.
In December 2020, the FISC also endorsed to the Office of the President a proposed Executive Order that aims to liberalize access to satellite technology for broadband services and fast-track the expansion of Internet infrastructure to improve connectivity in underserved communities and rural areas as well as accelerate financial inclusion.