IMF acknowledges Ghana’s strong revenue performance and progress in tax administration reforms

The International Monetary Fund (IMF) has commended Ghana's strong revenue performance in 2026 and the progress made in tax administration reforms during its latest review under the country's Policy Coordination Instrument (PCI). The IMF highlighted the early completion of reviewing customs and excise legislation, ongoing digitalization efforts through the Integrated Tax Administration System (ITAS) and electronic fiscal devices, and the potential for increased non-oil revenue in 2027.

This acknowledgment underscores the crucial role the Ghana Revenue Authority (GRA) has played in Ghana's economic recovery and fiscal stability.

Commissioner General of the GRA, Anthony Kwasi Sarpong, emphasized the authority's continued focus on enhancing compliance, leveraging digital channels to boost tax collection efficiency, and modernizing customs operations. Sarpong expressed gratitude to the hardworking staff and taxpayers for their contributions to national development. He also commended the GRA for its ongoing efforts to modernize and improve its services.

This recognition of Ghana's tax administration reforms by the IMF serves to reinforce the GRA's civic role in making tax payment more accessible for ordinary Ghanaians. As the Minister for Finance, Dr. Cassiel Ato Forson, prepares to present the 2027 budget and economic policy to Parliament, expectations are not for new taxes, but rather for the enhanced compliance and implementation of existing tax laws.