The LTO on the other hand is expected to collect P1.47 billion from the driver’s licenses that it would issue this year. In his bill’s explanatory note, he specifically cited the inconveniences experienced by overseas Filipino workers (OFWs) in securing a passport. The five-year validity, however, will not, apply to student permits and new licenses. For this year, the Department of Foreign Affairs is expected to collect P4.6 billion from passport processing. “Except for student permits and new licenses, all driver’s licenses shall be valid for five consecutive years reckoned from the birth date of the licensee, unless sooner revoked or suspended,” Recto’s proposed amendment read.

Source: Manila Times July 17, 2016 11:48 UTC