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Business News of Tuesday, 18 February 2020

Source: www.ghanaweb.com

Government lied about GRA achieving revenue target in 2019 - Terkper


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Former Minister for Finance, Seth Terkper, has dispelled reports that the Ghana Revenue Authority (GRA) has met its revenue target for the 2019 fiscal year.

“These include very front-page headlines by news outlets that have some of the nation’s finest business and economic journalists who could easily have verified the numbers or the facts.

“The official assertion appears to compare the slightly negative outcome between the projected actual and provisional actual amounts that the Ministry of Finance (MOF) gave in the 2020 Budget,” the former Minister said.

Terpker believes that there is a high level of inconsistencies when analyzing revenue components of the tax office.

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