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Finance Minister Inaugurates New GRA Governing Board

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Finance Minister Cassiel Ato Forson has inaugurated a nine-member Governing Board of the Ghana Revenue Authority (GRA), chaired by former Deputy Finance Minister George Ricketts Hagan. The board members bring a wealth of experience, expertise, and integrity to their roles.

The minister emphasized the importance of domestic revenue mobilization in the face of fiscal constraints and restricted access to international capital markets. He set an ambitious target of increasing revenue collection by at least 0.6 percentage points of GDP annually to achieve a primary surplus of 1.5% of GDP by 2025.

Forson tasked the board with modernizing the GRA, promoting integrity, combating smuggling, and reforming internal operations. He also announced plans to sign a performance bonus Memorandum of Understanding with the GRA Commissioner-General to enhance accountability and performance.

The minister expressed confidence that the new board and GRA management would deliver a revenue administration that works for Ghana’s benefit, ultimately improving public services and citizens’ lives.

Ruth Abla ADJORLOLO