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– The government reiterated the need to improve domestic revenue mobilization, particularly following Ghana's exit from the IMF program.
– The contribution of tax revenue to Ghana's gross domestic product for 2018 was 10.8%
The Ghana Revenue Authority (GRA) announced a plan to collect taxes from small self-employed and informal sector businesses.
According to the GRA, the informal sector will soon pay taxes via mobile money.
It has been revealed that only 200 000 taxable persons in the informal sector of the economy pay taxes.
Vice President, Dr. Mahamudu Bawumia. Source: Facebook
Source: Facebook
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Vice President Mahamudu Bawumia, who spoke at GRA's 2019 Governance and Governance Week, expressed confidence in using the mobile money platform to improve tax collection.
He further stated that it was imperative that the county improve the mobilization of its domestic revenue in order to badist the government in carrying out its "Beyond Assistance for Action" program. Ghana ".
"The Africa Beyond Aid in Ghana Program is a key vision of the current government, believing that the country has all the resources to be autonomous,Bawumia noted.
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"The president's vision is to make Ghana the Black Star of Africa, a prosperous country that offers economic opportunities to its people and thrives in a democratic society driven by a desire for equitable development for all parts of the world. country ", he added.
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Source: Yen.com.gh
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