In a significant announcement, Mr. Joe Ghartey, the Board Chairman of the Ghana Revenue Authority (GRA), revealed that the Authority has not only met but exceeded its revenue targets for the first three quarters of the year. He characterized this achievement as “historic”, highlighting the impressive performance despite the challenges posed by an election year, which is often associated with uncertainties in economic management and revenue collection. During his speech at the launch of the Citizen App in Accra, Mr. Ghartey expressed his appreciation to all GRA staff for their hard work and dedication, encouraging them to continue their efforts to benefit the nation.
The GRA’s impressive revenue collection reflects a remarkable 38.6% growth compared to the same period in 2022, signaling a robust recovery in Ghana’s fiscal landscape. Mr. Ghartey took the opportunity to extend his congratulations to every individual involved in this achievement, emphasizing the collective effort that contributed to surpassing expectations. The ceremony was attended by notable dignitaries, including Vice-President Dr. Mahamudu Bawumia, underscoring the significance of the event in the broader context of national economic performance.
One of the key points raised by Mr. Ghartey was the transformation in the approach to tax collection implemented by the GRA. He explained that the Authority has shifted from previous methods that were often regarded as aggressive or even harassing to a more business-friendly model. This shift has been vital in creating a more conducive environment for tax compliance, which in turn has led to improved revenue generation. Mr. Ghartey stressed the importance of engaging taxpayers through education and rapport-building rather than through intimidation.
The successful revenue collection strategy has involved innovative measures, particularly the utilization of technology. Digitalization has played a crucial role in enhancing the efficiency and effectiveness of revenue collection. Mr. Ghartey highlighted that the focus on education and engagement has fostered a better understanding among taxpayers regarding their obligations, making them more willing to comply. The approach signifies a modernized framework that aligns with global best practices in tax administration.
The launch of the Citizen App, which aims to further streamline tax collection processes, was another focal point of Mr. Ghartey’s address. He articulated a vision of how this technological advancement will transform the future of Ghana. The App is expected to serve as a valuable tool for both the GRA and taxpayers, facilitating easier access to tax-related information and services. Mr. Ghartey is optimistic that the implementation of such digital solutions will contribute significantly to enhancing civic participation in the tax system and promoting accountability within the GRA itself.
In conclusion, Mr. Ghartey’s remarks encapsulate a period of significant progress for the GRA in terms of revenue collection and taxpayer engagement. By approaching tax collection through education, technological integration, and a commitment to a more respectful relationship with taxpayers, the GRA has set a precedent for future fiscal management in Ghana. The positive outcomes observed thus far not only bolster the revenue base of the nation but also pave the way for sustainable economic growth and development in the years to come.