The Ghana Revenue Authority (GRA) collected GH¢185.5 billion between January and October 2026, exceeding its 10-month target by GH¢1.1 billion.
Commissioner-General Anthony Kwasi Sarpong announced the figures while addressing the 15th Ghana Economic Forum in Accra on Tuesday, November 10. The event was organised by the Business and Financial Times.
The GRA had set a target of GH¢184.4 billion for the period, but collections reached GH¢185.5 billion. The performance also surpassed the GH¢182 billion collected during the whole of 2025.
“As at October 2026, we had collected GH¢185.5 billion against a target of GH¢184.4 billion for the 10-month period,” Sarpong said.
The authority’s full-year revenue target for 2026 is GH¢237 billion. Annual collections increased from GH¢153 billion in 2024 to GH¢182 billion in 2025.
Sarpong did not provide a breakdown of the January-to-October total by tax category. However, he attributed the increase to administrative reforms, legislative changes and digital systems introduced across domestic tax and customs operations.
Among the measures are the Integrated Tax Administration System (ITAS) and the use of artificial intelligence to classify goods at customs. These initiatives helped increase monthly customs receipts from about GH¢4 billion to GH¢6.1 billion in July.
The GRA is also due to introduce fiscal electronic devices in 2027 to monitor Value Added Tax.
Sarpong said the authority’s longer-term objective was to double the revenue collected in 2024, reaching about GH¢310 billion by December 2028.
“Our ambition is to double the 2024 revenue to about GH¢310 billion by December 2028,” he told the forum.
He said the strategy would focus on expanding the number of taxpayers rather than placing additional pressure on businesses and individuals who already comply with their obligations.
“Our objective cannot be to collect more and more from the same taxpayers, year after year. That approach has limits, and it places an ever-heavier burden on those who are already compliant,” he said.
The improved domestic tax performance comes ahead of Ghana’s first review under the IMF Policy Coordination Instrument and is supporting the Ministry of Finance’s 2027 fiscal strategy.
The ministry’s plan, ahead of Thursday’s 2027 Budget presentation, targets a primary surplus equivalent to 0.5 per cent of GDP and does not include Eurobond borrowing.
