Customs revenue jumps to $450m monthly since AI introduction
Revenue mobilised by the Customs Division of the Ghana Revenue Authority has increased significantly to approximately 450 million dollars a month since the introduction of artificial intelligence systems.
Since the introduction of artificial intelligence systems, the Customs Division of the Ghana Revenue Authority has witnessed a significant surge in revenue, now reaching approximately $450 million per month. This boost in revenue, amounting to around $100 million every month, is a testament to the positive impact of modernising the country's tax system.
Commissioner General Anthony Kwasi Sarpong revealed this during the West African Tax Administrators Forum, which is currently underway in Ghana. The Ghana Revenue Authority has been undergoing a comprehensive modernisation, specifically focusing on valuation and classification, resulting in heightened accuracy in assessing imports.
Sarpong emphasised that this improvement came about due to fair and accurate application of rules, backed by modern systems and professional integrity, rather than through new taxes or increased rates. The 8th West African Tax Administrators Forum, coinciding with its 15-year anniversary, has highlighted the platform's role in assisting various African countries in enhancing their revenue mobilisation.
Executive Secretary Jules Tapsoba underscored that the forum's platform has been instrumental in helping numerous nations improve their revenue collection systems.
Written by urgent.news from Joy Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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