GRA Sets Sights on GH¢360bn Revenue Target by 2028
The Ghana Revenue Authority (GRA) has reaffirmed its readiness to mobilise a minimum of GH¢360 billion in domestic revenue by 2028, as part of efforts to strengthen Ghana’s fiscal position and reduce reliance on external financing.
Commissioner-General Anthony Kwasi Sarpong gave the assurance during a three-day management retreat of the Domestic Tax Revenue Division (DTRD) currently underway in Sunyani. The retreat, held under the theme “Transforming for impact and growth: Focusing on VAT performance and compliance,” is expected to outline strategies for improving tax collection and enhancing compliance nationwide.
Mr. Sarpong underscored the critical role of tax education in achieving the ambitious revenue targets, noting that a well-informed taxpayer base is essential for sustainable revenue mobilisation. He urged the public to demand Value Added Tax (VAT) invoices for all purchases, stressing that such practices promote transparency and accountability within the tax system.
“Tax payment remains a civic responsibility, and every Ghanaian must play a role in national development by honouring their tax obligations,” he stated.
The Commissioner-General further revealed that while the government has set a revenue target of not less than GH¢225 billion for the 2026 fiscal year, the GRA has internally raised the bar to GH¢230 billion. Out of this figure, the Domestic Tax Revenue Division has been tasked to mobilise GH¢163 billion, highlighting its central role in domestic revenue generation.
Mr. Sarpong expressed concern over the decline in global financial support to developing economies, including Ghana, warning that the country must increasingly depend on internally generated funds to drive its development agenda. He noted that the evolving global economic landscape makes it imperative for revenue authorities to adopt innovative strategies to broaden the tax base and improve efficiency.
He also called on GRA staff to intensify their weekly and monthly tax mobilisation efforts, emphasising teamwork, discipline, and a shared commitment to institutional goals. According to him, achieving the GH¢360 billion target will require not only robust enforcement measures but also collaboration with stakeholders across the public and private sectors.
The GRA’s renewed focus on VAT compliance is expected to play a pivotal role in boosting revenue performance, particularly as consumption taxes remain a significant contributor to government income.
As Ghana navigates ongoing fiscal challenges, the Authority’s strategy signals a shift towards stronger domestic resource mobilisation as a cornerstone of economic resilience and long-term growth.
