20.5 C
London
Friday, May 29, 2026

GRA to increase tax revenue target to GH¢310 billion by 2028 — Commissioner

GRA to increase tax revenue target to GH¢310 billion by 2028 — Commissioner

Featured


Beatrice Laryea



2 minutes read

The Ghana Revenue Authority (GRA) is targeting to increase its tax revenue target to GH¢310 billion by 2028, the Commissioner-General Anthony Kwasi Sarpong has said.

“In 2025, we achieved GH¢182 billion in revenue. In 2026, we are targeting GH¢225 billion. Under your leadership, we expect that by 2028, we will increase that to over GH¢310 billion,” the Commissioner-General said.

He was speaking at the 10th Ghana CEO Summit in Accra on Thursday, May 28, 2026 with President John Dramani Mahama in attendance.

Mr Sarpong said Ghana’s current low tax compliance environment continues to place pressure on a small number of compliant businesses, making reforms and digital enforcement necessary to ensure fairness in the tax system.

He the 2026 and 2028 targets forms part of the GRA’s broader strategy to strengthen domestic revenue mobilisation through intensified tax reforms and digital compliance measures.

He explained that the Authority’s ongoing digital transformation, particularly through the Integrated Tax Administration System (ITAS), is helping to close long-standing compliance gaps by integrating fragmented data systems and improving monitoring of taxable activities.

“Technology has finally enabled us to close the gap,” he stated, stressing that revenue mobilisation, tax reforms, and digital compliance remain interconnected pillars of Ghana’s economic sustainability agenda.

Mr Sarpong noted that the GRA’s long-term ambition is to more than double Ghana’s tax revenue by 2028, arguing that stronger domestic revenue generation is critical to safeguarding the country’s economic sovereignty and reducing dependence on external support.

He therefore called on businesses and taxpayers to embrace tax compliance as a shared national responsibility, insisting that sustainable development can only be achieved through collective commitment to accountability and revenue mobilisation.

“This is not a bet. This is the work we must do, and that is the partnership we are asking all of you to forge with us,” he added.

- Advertisement -
Latest news
- Advertisement -
Related news
- Advertisement -