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Friday, March 29, 2024

National Single Window project improved GRA revenue by 28% in 2016

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Revenue collection by the Customs Division of the Ghana Revenue Authority has increased by more than 28% as at the end of 2016.

This increment is due to the introduction of the National Single Window Project which has been complementing the efforts of the Customs in harmonizing operations at the ports.

This was revealed by the Chief Executive Officer of Westblue Consulting; Valentina Mintah in an interview with JOYBUSINESS after the Parliamentary Select Committee on Trade paid a courtesy call on the company in Accra.

According to her, the introduction of the project has impacted positively on Ghana’s ease of doing business at the ports.

She expressed confidence that the company will contribute significantly to government’s revenue targets in the upcoming budget.

On the Trade Facilitation Agreement adopted by the World Trade Organisation (WTO), she assures that the agency is working closely with government and agencies at the ports to have an effective implementation.

Coming into force of the agreement, various activities are required to change at the entry points in order to enhance ease of conducting business among member nations of the World Trade Organisation.

On his part, Chairman of the Committee, Nii Kwatei Titus Glover opined that government is in full support of the agreement and will do all it takes to ensure smooth implementation.

The new Trade agreement adopted by the WTO requires all member countries to ensure a maximum reduction of trade barriers along its ports and the provision of services that will smoothen trade transactions among member countries.

Mr Glover used the opportunity to issue an open invitation to all stakeholders operating at the ports to an engagement in Parliament on Wednesday.

This meeting is expected to provide an opportunity for agencies and stakeholders at the port to solve grievances among themselves.

It will help the committee to familiarize itself with various stakeholders at the ports.

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