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Acting Commissioner-General of the Ghana Revenue Authority (GRA), Anthony Sarpong, has defended the ambitious GH₵200 billion revenue target set for 2025, insisting it is achievable with the right strategies.
Despite skepticism from some quarters, Sarpong remains confident that the target can be met through enhanced tax measures and improved compliance.
He pointed to underperforming tax areas, particularly VAT, as key opportunities for revenue growth.
“Indeed, it looks insurmountable on the face of it. But I believe that with determination, the right strategies, and teamwork, we will be able to meet this challenge. And I say so on the grounds that, as I’ve already mentioned, there are several areas where our tax handles are not performing.
“Indeed, the minister did mention the performance of VAT, which contributes about 17% of our domestic tax composition compared to our peers that are running around 50%. Therefore, if we focus on VAT, we should be able to close some of the gap.”
source: citinewsroom.com
