The Ghana Revenue Authority (GRA) has exceeded its revenue target of GH¢36 billion for the first quarter of the year, recording GH¢41 billion.
This performance reflects a notable improvement in the authority’s collection efforts, particularly from the Ashanti region.
Speaking during a working visit to the Ashanti Region Tax Services Centre, Acting Commissioner-General of the GRA, Anthony kwasi Sarpong, attributed the success to strategic measures, including efforts to widen the tax base by incorporating the informal sector.
“Our first-quarter performance has been impressive with an improved generation from the Ashanti region, and we have to build upon that to meet our set target for the year. We have been given a GH¢220 billion target in the budget, and we’re very positive about crossing this target,” Sarpong stated.
In line with its ambitious goals, the GRA is aiming to generate the amount of at least GH¢220 billion in revenue by the end of 2025.
Sarpong also noted that the growing contribution of the Ashanti region has consistently exceeded revenue targets in recent years, especially within both the customs and domestic collection units.
“We are focused on expanding the tax net in this region, especially tapping into the informal sector,” he emphasised.
In 2024, the GRA exceeded its revenue target, raising GH¢153.5 billion, a strong performance that laid the groundwork for the positive start to 2025.
SP/AE
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