Board Chairman of the Ghana Revenue Authority (GRA), Professor Stephen Adei says the country exceeded its GHS43 billion tax revenue target for 2019.
According to the respected professor, the GRA excelled very well in December 2019 by collecting more taxes.
“The target, in general, was about GHS46 billion but you know the government changed the benchmark rate at the port, so, it was revised a little over GHS43 billion, which we have slightly exceeded,” he said in an interview on Joy FM on Monday, January
Prof. Stephen Adei Prof. Adei also revealed that the GRA did extremely well in December 2019.
“It will interest you to note that in December 2019, we more than met our target in revenue collection; actually, I’m having a board meeting because every day, they have to calibrate. The last time it was about GHS5.6 billion while we were looking for GHS5.0 billion, so, thank God,” he added.
Ghana raked in tax revenue of GHS22.7 billion in the first half of 2019, compared to the target of GHS29.95 billion.