The Minister for Finance, Dr. Cassiel Ato Forson (MP), has officially inaugurated the new Governing Board of the Ghana Revenue Authority (GRA), urging them to lead a renewed effort in strengthening domestic revenue mobilisation amid ongoing fiscal challenges.
At the ceremony in Accra, Dr. Forson commended President John Dramani Mahama for appointing a team of highly accomplished individuals to steer the GRA. He emphasized the urgency of the task, noting that Ghana currently faces constrained financing options and reduced external support due to recent debt restructuring.
He announced a national target to grow revenue collection by 0.6% of GDP annually and achieve a primary fiscal surplus of 1.5% by 2025. A key highlight was the withdrawal of over US$230 million in USAID support—stressing the urgent need for a robust and self-reliant revenue system.
The Minister outlined key priorities for the new Board: modernising GRA operations, strengthening anti-smuggling efforts, enhancing integrity, enforcing a two-year staff rotation policy, and closely aligning with the Ministry’s Revenue Policy Division.
Dr. Forson also revealed plans to introduce a performance bonus agreement with GRA leadership to drive accountability and results.
In closing, he reaffirmed his commitment to supporting the Board’s work, stating:
“Every tax cedi collected—and every integrity-driven decision—brings us closer to the prosperous and self-reliant Ghana we all envision.”
