The governing board of the Ghana Revenue Authority (GRA) has been reconstituted, with a specific mandate to collaborate with relevant institutions to block revenue leakages.
In a ceremony to inaugurate the new board, Finance Minister Dr. Mohammed Amin Adam emphasized the importance of this collaboration in reducing tax non-compliance and preventing revenue losses. He highlighted that achieving the medium-term revenue targets of an 18% to 20% tax-to-GDP ratio and meeting all indicative targets and structural benchmarks under the IMF programme were critical goals for the GRA.
The new board is chaired by Joe Ghartey, Member of Parliament for Essikado Ketan in the Western Region and former Minister of Railway Development. Other members include Deputy Minister of Finance Dr. Alex Ampaabeng, GRA Commissioner-General Ms. Julie Essiam, Deputy Minister of Trade Michael Okyere Baafi, and Second Deputy Governor of the Bank of Ghana Mrs. Elsie Addo Awadzi. The board also features Susan Akomea, Immediate Past Municipal Chief Executive of Asante Akyim Central, Mrs. Araba Bosomtwe, an MPA holder with significant administrative experience, and Mr. Kwabena Abankwah Yeboah, a fellow of the Ghana College of Pharmacists and board member of ADB bank.
Dr. Amin Adam noted that the new board's cooperation with stakeholders could effectively address issues such as the alleged harassment of business owners. He advocated for a digitalization drive to streamline tax administration and reduce reliance on human interventions. Such measures are expected to build public confidence in the GRA and enhance revenue collection for national development.
The Minister announced his intention to hold stakeholder meetings to discuss and address business climate issues, ensuring that investors feel confident about investing and conducting business in Ghana.
Dr. Amin Adam urged the new board to prioritize necessary improvements in GRA’s physical infrastructure, fully implement the Integrated Tax Administration System (ITAS), build the capacity of officers, and improve data analysis for informed decision-making. He assured the board of his full support and commitment to leading the staff in driving the GRA to new heights, with the goal of surpassing a 20% revenue-to-GDP threshold in the near future.
He also commended the previous board for their effective revenue mobilization efforts, acknowledging their consistent achievement of revenue targets due to strong leadership and dedicated staff.
Board Chairperson Joe Ghartey expressed gratitude for the opportunity to serve and emphasized the board’s commitment to balancing increased revenue generation with maintaining a business-friendly environment. He assured the President of the board’s dedication to bringing positive changes to the GRA.
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