Audio By Carbonatix
the government is hopeful to rake in an additional 40% revenue with the deployment of Artificial Intelligence at the country’s ports from next year.
This is expected to boost domestic revenue as well as enhancing transparency in business transactions at the ports and entry points.
The Acting Commissioner General of the Ghana Revenue Authority, Anthony Sarpong, disclosed this to Joy Business after addressing the post-budget forum by the UNDP and KPMG.
He believes that Ghana has come a long way in tax collection, hence the need to transform some of the systems and a few approaches in mobilisation from next year.
“We have begun processes for some technology and Artificial Intelligence deployment for pre-arrival and classification at the ports of entry and other key revenue collection centres. We are hoping that by the beginning of the year, we shall commence the installation. Elsewhere, when this technology is being used, there is a massive increase in revenue, with some at a rate of more than 405% increase".
"We believe that with the deployment, Ghana will gain more revenue because it will help us to get the real-time data of goods that are being imported and curb the misclassification that sometimes occurs at the port. This will enhance revenue and boost transparency during transactions across the country,” he pointed out.
The KPMG/UNDP Post Budget Forum seeks to give a platform for stakeholders to digest some key policies in the 2026 Budget as well as suggest some initiatives to the government towards its implementation.
According to the Acting Commissioner General, the aim of the government is to have an efficient tax system from next year instead of introducing new taxes.
Latest Stories
-
Ghana loses US$54.1 billion to commercial illicit financial flow from 2013 to 2022
16 seconds -
2026 is a make-or-break year; we must deliver on the reset agenda – Lands Minister to CEOs, directors
6 minutes -
Hon. Kofi Adams to launch 2026 UG Corporate Football League
25 minutes -
Bawumia must break perceived Akufo-Addo control to win public trust, votes – Asah Asante
28 minutes -
GRIDCo allays fear of power disruption over Afienya transformer upgrade
33 minutes -
GRIDCo announces transformer upgrade at Afienya substation, no disruption to power supply
34 minutes -
FDA to shut down food joints operating without hygiene permits
50 minutes -
Tragedy in Kpetoe: Six-year-old girl drowns in irrigation pond
1 hour -
Bawumia’s first task is to smoke peace pipe – Dr Ansah Asante after NPP primary win
1 hour -
Melcom Care Foundation donates to four educational institutions
1 hour -
US and India reach trade deal, Trump says after Modi call
1 hour -
Foreign Affairs Minister arrives in Latvia to investigate death of Ghanaian student
2 hours -
Dr. Francis Korankye-Sakyi appointed first Executive Secretary of National ADR Centre
2 hours -
Health Minister orders region-wide audit of Oti health facilities
2 hours -
I dare NDC to try Ken Ofori-Atta in absentia – Justin Kodua
2 hours
