GRA targets more than doubling revenue collections by 2028 – Commissioner-General
The Ghana Revenue Authority (GRA) is targeting more than a doubling of its revenue collections by 2028, with the Commissioner-General, Anthony Kwasi Sarpong, stressing that the growth of businesses and industry will be critical to achieving the target. Mr Sarpong said the GRA is seeking to double the revenue it collected in 2024 by 2028, […]
The Ghana Revenue Authority (GRA) aims to more than double its revenue collections by 2028, with Commissioner-General Anthony Kwasi Sarpong highlighting the importance of business growth to achieve this target. Sarpong emphasized the need for stronger collaboration between the tax authority and the private sector to support Ghana's industrialization and revenue mobilization efforts.
He explained that the GRA's revenue performance is directly tied to the strength of the economy and businesses' ability to expand operations. "When your business grows, the nation can collect more without raising a single rate," Sarpong stated. The GRA's strategy focuses on broadening the tax base, improving predictability, simplifying rules, and leveraging digitization to enhance efficiency and compliance.
The Authority collected GH¢130 billion in 2024 and aims to double that figure to GH¢225 billion by 2026, having already met this year's target of GH¢182 billion.
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