[ad_1]
Company News of Thursday, July 25, 2019
Source: GNA
2019-07-25
Photo file
The Ghana Community Network Services Limited (GCNet) on Wednesday presented the government with a 20 million GH ¢ dividend to the government for the 2018 fiscal year.
This amount represents 20% of the capital of GCNet, held by the Ghana Revenue Authority.
Upon receiving the check, Finance Minister Ken Ofori-Atta reiterated GCNet's important role in revenue mobilization and trade facilitation for development.
He said Ghana was behind its income relative to gross domestic product, which currently stands at 12.6 percent, compared to 19 percent for most countries.
In this direction, Mr. Ofori-Atta said that GCNet services were essential to reduce the gap and expressed the hope that both parties would commit more to advance the frontiers of the generation. of income.
Mr. Ofori-Atta acknowledged GCNet's consistency in paying the dividend to the government and urged it to continue to help the government address the challenges of revenue mobilization.
For his part, Mr. Emmanuel Darko, Deputy Director General of GCNet, reiterated the company's commitment to be at the forefront of revenue mobilization and trade facilitation.
He said the company had been consistent in paying the dividends paid by the government through the GRA as well as the tax obligations provided by law.
Darko said that as a development and trade facilitation company, GCNet has continued to support government revenue mobilization efforts through its deployed services.
He added that the company had rolled out its TRIPs system to the National Revenue Division, which had greatly contributed to the achievement of revenue targets.
GCNet, he said, is always ready to deploy new applications that address the challenges of increased revenue mobilization.
GCNet is a public-private partnership (PPP) between the government and other private entities, including Ecobank and GCB banks.
Source link
