GRA exceeds 10-month revenue target with GH¢185.5bn collection as at October 2026
The Ghana Revenue Authority (GRA) has exceeded its revenue target for the first ten months of 2026, collecting GH¢185.5 billion against a target of GH¢184.4 billion. The collection represents a GH¢1.1 billion surplus over the January to October target, with the authority also surpassing its total revenue of GH¢182 billion recorded in 2025. Commissioner-General of […]
The Ghana Revenue Authority (GRA) has surpassed its revenue goal for the first ten months of 2026, amassing GH¢185.5 billion compared to the projected GH¢184.4 billion. This surplus of GH¢1.1 billion marks a significant achievement, especially when considering the GH¢182 billion in revenue collected in 2025. Commissioner-General Anthony Kwasi Sarpong revealed these figures during the Ghana Economic Forum, organized by the Business and Financial Times, and expressed confidence in reaching the GH¢237 billion revenue target for the entire year.
He credits the success to ongoing tax administration reforms, legislative adjustments, and the integration of digital technologies to boost revenue collection. Sarpong outlined the authority's long-term objective of doubling its 2024 revenue of GH¢153 billion to around GH¢310 billion by December 2028. Key strategies include leveraging artificial intelligence in customs classification, implementing the Integrated Tax Administration System (ITAS), and planning to roll out fiscal electronic devices in 2027.
Sarpong emphasized the GRA's focus on expanding the tax base instead of imposing a heavier tax burden on existing compliant taxpayers.
Written by urgent.news from Joy Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
