Ghana Revenue Authority Exceeds First-Quarter Target of GHS 36 Billion, Rakes in GHS 41 Billion
The Ghana Revenue Authority (GRA) has surpassed its revenue target for the first quarter of the year, collecting GHS 41 billion, exceeding the GHS 36 billion target. 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 Akwasi 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 GHS 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 at least GHS 220 billion in revenue by the end of the year. The GHS 41 billion achieved in the first quarter represents a significant improvement over the initial target of GHS 36 billion.
Sarpong noted the growing contribution of the Ashanti region, which 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 emphasized.
In 2024, the GRA exceeded its revenue target, raising GHS 153.5 billion, a strong performance that laid the groundwork for the positive start to 2025. Management remains committed to enhancing revenue collection efforts across the country, particularly through strategic outreach to underrepresented sectors.
