The Ghana Revenue Authority (GRA) has surpassed its revenue target in the first quarter of the year, recording GH¢41 billion.
The target for quarter one was GH¢36 billion.
Acting Commissioner-General of the GRA, Anthony Akwasi Sarpong, says the Authority is adopting strategic measures, including widening the tax base to include the informal sector, especially in the Ashanti region.
Meanwhile, the Authority is targeting to generate at least GH¢220 billion in revenue for the country by the end of the year.
Mr. Sarpong made the revelation during a visit to the Ashanti region’s Tax Services Centre to pay a working visit to the staff.
“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.”
“For the first quarter [2025], the budget set was GH¢36 billion, but I’m happy to announce that we have raked in GH¢41 billion by the end of the quarter and this is an improvement,” he noted.
The meeting is part of efforts streamlined by the management to familiarise with operations of the various collection points under the Authority.
In 2024, the GRA exceeded its revenue target by mobilising GH¢153.5 billion.
The Ashanti region has, over the years, improved in revenue generation targets, with both the customs and domestic collection units exceeding their targets in 2024.
The Commissioner-General says the Authority is looking at ways to expand the tax net in the region to rake in more revenue from the informal sector.
