'GRA did not achieve 2019 target”™ ”“ Terkper accuses government of fiscal distortion

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Former Minister for Finance, Seth Terkper, has said reports that the Ghana Revenue Authority (GRA) has met its target for the 2019 fiscal year are the outcome of distortions.

“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 in an article published in full below.

According to Mr Terkper, the revenue components and analysis in his article make it sceptical or incredulous to assert that GRA had achieved its “tax revenue” targets—which excludes non-tax revenues and grants for which GRA is not accountable.

Read the full article below.

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