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GRA sets ambitious GH¢60bn revenue target for 2021 - The Chronicle Online


GRA sets ambitious GH¢60bn revenue target for 2021
The Acting Commissioner-General of the Ghana Revenue Authority (GRA), Reverend Ammishaddai Owusu-Amoah, says his outfit has projected  to collect revenue amounting to GH¢60 billion for the 2021 fiscal year.
The revenue target constitutes a 32.3% increase over the 2020 actual collection of GH¢45,338.69.
Meanwhile, the Authority initially budgeted to collect a total tax revenue of GH¢47,253.95 million for the 2020 fiscal year, which represents a 7.6% growth over the actual tax revenue collections of GH¢43,907.12 million for the 2019 fiscal year, but as a result of the impact of the Coronavirus (COVID-19) pandemic, the budget was revised to GH¢42,769.50 million. ....

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GRA exceeds 2020 revenue target


Graphic Online
BY: Emelia Ennin Abbey
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The Ghana Revenue Authority (GRA) has said that it exceeded its revised revenue target of GH¢42,769.50 million for last year by mobilising GH¢45,338.69 million.
Following the achievement, the authority has set for itself a target of GH¢60 million for this year, even before the Ministry of Finance announces the amount the government expects from the GRA.
The revenue target for this year (2021), which the authority has described as an aggressive target, will constitute a 32.3 per cent increase over last year’s revenue collection target.
The GRA was tasked to collect a total tax revenue of GH¢47,253.95 million for the last fiscal year.  The amount represented 7.6 per cent growth over the tax revenue collections, amounting to GH¢43,907.12 million for the 2019 fiscal year. ....

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