GRA targets GH¢310bn tax revenue by 2028 without new tax rates

The Ghana Revenue Authority (GRA) aims to collect GH¢310 billion in taxes by 2028, nearly doubling the GH¢155 billion collected in 2024. This ambitious revenue mobilisation target is part of the tax authority's medium-term strategy to improve compliance, expand the tax base, and curb revenue leakages—without raising existing tax rates.

GRA Commissioner-General Anthony Kwasi Sarpong announced the goal at the Annual Tax Conference in Accra on Wednesday, August 19, where government officials discussed steps to strengthen Ghana's tax administration. Sarpong emphasized that the strategy seeks to boost domestic revenue to finance government programs and lessen the nation's dependence on borrowing.

The GRA has crafted a detailed revenue mobilisation roadmap with yearly targets leading up to 2028. In 2025, the authority collected GH¢182 billion, with an expected rise to GH¢225 billion in 2026. The target increases to GH¢260 billion in 2027 before reaching the final goal of GH¢310 billion in 2028. Sarpong stated, "We are on a decisive trajectory to double the tax revenue we raised in 2024, which was GH¢155 billion, to GH¢310 billion by 2028."

The GRA aims to achieve this by enhancing tax compliance, incorporating more economic activities into the tax system, and utilizing technology for better revenue collection. It will also focus on identifying and closing revenue leakages. The Commissioner-General reiterated the authority's commitment to the roadmap, ensuring that the country generates sufficient domestic resources to support national development.