GRA targets over double revenue by 2028
Mr Sarpong said the GRA is seeking to double the revenue it collected in 2024 by 2028, while improving tax compliance and creating a more predictable environment for businesses.
The Ghana Revenue Authority (GRA) is aiming to more than double its revenue collections by 2028, with Commissioner-General Anthony Kwasi Sarpong emphasizing that business growth and industry will be crucial to reaching the goal. Sarpong stated that the GRA seeks to double the revenue collected in 2024 by 2028, while simultaneously improving tax compliance and establishing a more predictable environment for businesses.
Speaking at the AGI 2026 Industrial and Exhibition Summit, Sarpong highlighted the necessity for enhanced cooperation between the tax authority and the private sector to support Ghana's industrialization and domestic revenue generation. 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 remarked. He added that the interests of the GRA and the business community are closely aligned as the GRA's success is contingent upon Ghana's industries' success. The GRA's strategy is centered on expanding the tax base, enhancing predictability in the tax system, streamlining rules, and leveraging digitization to improve efficiency and compliance, according to Sarpong.
The Authority collected GH¢130 billion in revenue in 2024 and aims to double that figure by 2028, collecting GH¢182 billion last year and targeting GH¢225 billion in 2026, with the GRA currently on track to meet this year's target.
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