GRA mobilizes GHS68bn tax revenue in Q1 2024, exceeds target by GHS138.6m

The Ghana Revenue Authority (GRA) exceeded its mid-year revenue target for 2024, collecting GHC68.49 billion against a target of GHC67.9 billion by June 30, 2024.

Commissioner-General Ms. Julie Essiam praised the GRA's performance despite challenges, noting a 0.2% increase over the target and a 37.6% nominal growth compared to the previous year.

She highlighted the turnaround in revenue collection from April, culminating in a 21.2% increase in June.

Key strategies included a 90-day plan focused on revenue measures, staff welfare, and stakeholder engagement, as well as the successful rollout of an electronic VAT invoicing system and a voluntary disclosure program.

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