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.