Prime News Ghana

MoF inaugurates nine-member GRA board.

By Justice Kofi Bimpeh
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Ghana Revenue Authority (GRA) has inaugurated a nine-member Board to steer its affairs.

The new board is to help the top hierarchy of the authority in the performance of its functions and formulation of administrative policy for smooth and efficient management of the authority.

Deputy Minister of Finance Kweku Kwarteng, who administered to members the oaths of office and secrecy, charged the board to effectively work towards ensuring that there is a renaissance within GRA, leading to improvements in its operations and achievement of  revenue targets.

Mr Kwarteng said domestic revenue mobilisation was the key anchor of government’s fiscal policy as it was important for sustaining investments in health, education, infrastructure and other key sectors.

He reiterated government’s commitment to increasing domestic revenue mobilisation through measures, including continued tax administration reforms, improved transfer pricing audits and improved tax compliance through data matching.

Mr Kwarteng said the country’s middle-income status had imposed the demand for increased domestic resource mobilisation in achieving economic and social prosperity as aid flows from donors dwindled.

He urged the Board to bring their experiences to bare to ensure that tax administration was properly aligned with the country’s economic and development goals.

Finance Minister Ken Ofori-Atta urged the members of the board to be aggressive in the performance of their duties and help the country to collect its dues from citizens.

Chairman of the Board, Harry Owusu, expressed appreciation to the government for the honour done them and pledged to mobilise revenue to meet set targets and government development agenda.

He said the Board would not fail government and called for full cooperation and support of the Ministry to be able to deliver on their mandate.

 

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