Ghana is targeting to raise GH₵225 billion in revenue in 2026 as government shifts focus to domestic tax mobilisation amid declining donor support.
Commissioner General of the Ghana Revenue Authority, Anthony Kwasi Sarpong, said the target, set by the Finance Ministry, is ambitious but necessary to sustain government spending and reduce reliance on borrowing.
Speaking on Metro TV’s Good Morning Ghana on April 13, he explained to host Moro Awudu that the Authority remains the backbone of national development, generating funds through import duties, value added tax and income and profit taxes.
He said the global economic climate and signals from major partners such as the United States and the United Kingdom show that donor funding will continue to shrink over the next five years, making domestic revenue mobilisation more critical.
Sarpong noted that Ghana has limited options, stressing that borrowing has already placed the country under pressure, leaving tax revenue as the most sustainable path.
He added that government has ruled out introducing new taxes, placing the burden on the Authority to improve efficiency, seal leakages and maximise collection from existing tax structures.
