Emmanuel Kofi Nti, Commissioner-General of GRA
In 2017, the performance of the Ghana Revenue Authority (GRA) recorded a nominal growth rate of 22.3 percent over the collection figures of the 2016.
GRA collected GH¢32.3 billion (GH¢32,313.37 billion), compared to the GH¢27 billion in 2016.
The GRA was tasked to collect GH¢33,434.20 billion, in 2017. As of the end of 2017, the provisional collection figure is GH¢32,313.37 billion. This represents a shortfall of GH¢1.1 billion (GH¢1,120.83 million), a negative deviation of 3.4%.
The GRA was charged to collect GH¢29 billion in 2016, but it was able to collect 27.8 billion, recording a shortfall of GH¢1.2 billion.
Even though the 2016 target was not achieved, the revenue performance represents a nominal growth of 25.4 per cent. Emmanuel Kofi Nti, Commissioner-General of GRA, said that when he assumed office in 2017, collection in terms of the US dollar was dormant in the region of $6.8–6.9 billion.
He said, for 2017 collection rose to $7.6 billion, representing a break from the trend.
Direct collection was GH¢13.2 billion (GH¢13,251.63), as against a target of GH¢12.8 billion (GH¢12,829.82 billion).
On the other hand as against a target of GH¢6.6billion (GH¢6,660.72)GH¢, 6.3 billion (GH¢6,368.00) of indirect taxes was collected,. The Customs Division was given a target of GH¢13.9 billion (GH¢13,943.66), but was able to collect GH¢12.6 billion (GH¢12,693.74).
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