HomeCurrent AffairsGRA targets 80 billion Ghana Cedis in revenue  for 2022

GRA targets 80 billion Ghana Cedis in revenue  for 2022

GRA targets 80 billion Ghana Cedis in revenue  for 2022

The Ghana Revenue Authority (GRA) has stated that it is aiming to generate 80 billion Ghana Cedis in the 2022 fiscal year.

In 2021, GRA exceeded its revenue target of 57.4 billion Ghana Cedis by raising an additional 0.7% revenue.

Speaking at the onging 2022 Management Retreat in the Volta Regional capital, Ho on Wednesday, February 16, 2022, the Commissioner General of the Authority  Rev. Ammishaddai Owusu-Amoah applauded his staff for exceeding the 2021 target and called on them to explore innovative ways to meet the 2022 target.

” I therefore wish to thank and also congratulate all of us or all of you for the commitment, the innovative  strategies and the way that enabled us to achieve that mile stone last year. As an Authority we must realise that we cannot use the strength that we used for last year to get the 57 billion to also get the 80 billion,” he said.

He further charged them to “stay focused and work as if everything depend on us.”

Rev. Amishaiaddai also tasked the management to bring new ideas, make use of digitisation and among other possible means to enable them meet the 80 billion target.

Commenting on the proposed E-Levy, the Commissioner General noted that, the GRA is ready to play it’s role to “carry out massive education and garner the support as much as possible to ensure that is successful in the country.”

Also in attendance was the Deputy Minister of Finance, Abena Osei-Asare who pledged her outfit’s support to help GRA achieve its revenue target.

“In the area of increasing their budget to enable them carry out activities they will help them realise the target we have done that this year and any other thing. Because in 2021 GRA supported government’s effort at arriving at the 4.4% Gross Domestic Product (GDP)  growth rate,” she said.

” We are still waiting for the passage of the E-Levy. We believe that it will go through the process and once it goes through the process and parliament approves GRA already is ready to implement the processes that will help raise the revenue out of the E-levy and so we’re looking forward to parliament passing the E-levy shortly,” she added.

By:Albert Gooddays

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