Anthony Akwasi Sarpong
The Ghana Revenue Authority (GRA) has exceeded its revenue target of GH¢36 billion recording GH¢41 billion in the first quarter of 2025.
Acting Commissioner-General of the GRA, Anthony Akwasi Sarpong, who disclosed this during a working visit to the Tax Services Centre in the Ashanti Region said GRA is targeting to generate about GH¢220 billion in revenue for the country by the end of 2025.
He also stated that the Authority has as part of efforts to increase revenue is adopting measures aimed at widening the tax base to increase more informal businesses in the Ashanti region.
“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.
He said the visits also forms part of efforts by GRA management to familiarise themselves with the operations of the various collection points in the Ashanti Region.
According to Mr. Akwasi Sarpong, GRA exceeded its revenue target by generating GH₵153.5 billion in 2024 adding that the region also exceeded its revenue targets at both the customs and domestic collection units in 2024.
By Ebenezer K. Amponsah