The Ghana Revenue Authority (GRA) has recorded a strong start to 2025, exceeding its revenue target for the first Quarter(Q1) by GH¢5 billion.
The Authority collected GH¢41 billion in Q1 against a projected target of GH¢36 billion, marking a 14% increase.
This performance signals continued momentum from 2024, where the GRA mobilized a total of GH¢153.5 billion in revenue, surpassing its annual target for the year.
Acting Commissioner-General of the GRA, Mr. Anthony Akwasi Sarpong, announced the achievement during a working visit to the Tax Services Centre in the Ashanti Region.
His visit formed part of ongoing engagements by GRA management to strengthen collaboration with staff, assess operations at the regional level, and identify new revenue mobilization strategies.
“Our first quarter performance has been impressive, especially with the increased revenue contributions from the Ashanti Region. We must sustain this momentum throughout the year to meet and possibly exceed our 2025 target of GH¢220 billion,” Mr. Sarpong stated.
According to him, the Authority’s improved performance is the result of a combination of strategic reforms and operational efficiency, including deliberate efforts to widen the tax net to capture more economic activity within the informal sector.
Particular focus, he noted, is being placed on the Ashanti Region, where the informal economy presents significant untapped potential.
“For Q1 2025, we were tasked with a GH¢36 billion target. I’m happy to report that we brought in GH¢41 billion. This is not just an improvement—it’s a strong indication that we are on track to meet our annual target,” he added.
The GRA has recently ramped up initiatives aimed at broadening the tax base and improving compliance across the country. This includes strengthening its digital infrastructure, enhancing taxpayer education, and intensifying the monitoring of revenue collection points.
The Ashanti Region, in particular, continues to show positive results.
In 2024, both the domestic and customs divisions in the region exceeded their respective targets, contributing significantly to the national revenue basket.
With the region’s performance continuing to improve, the GRA sees it as a critical pillar in achieving this year’s ambitious revenue goal.
Mr. Sarpong reiterated the Authority’s commitment to accountability and innovation in its revenue mobilization efforts, emphasizing the importance of stakeholder collaboration—including taxpayers, businesses, and local communities—in achieving long-term success.
As Ghana works to strengthen its domestic revenue generation and reduce dependency on external borrowing, the GRA’s early performance in 2025 offers a promising outlook for the country’s fiscal health.
