Board Chairman of the Ghana Revenue Authority (GRA), Professor Stephen Adei has spoken highly of the recently deployed port management system; the Integrated Customs Management System (ICUMS).
Prof Adei speaking in an exclusive interview on Joy FM's Super Morning Show described ICUMS as a much better system than the previous system manned by the Ghana Community Network Services Limited (GCNET).
His assertion according to him, is based on the revenue generated by ICUMS despite reduced imports at Ghana’s land and sea ports due to the Covid-19 pandemic.
“We are getting better results because in May and June alone, even under Covid-19 there was far more collection of revenue than previously collected under the old system,” he said.
"On average, the revenue collected is about GH¢800 million, but just last month we had about GH¢1.2 billion and this is even under reduced imports due to the pandemic. And I'm happy to say that despite Covid-19, our end of May revenue was only 8.6 percent below the target,” he added.
Speaking further on the show, he asserted that the jump in the revenue collection due to the effectiveness of the ICUMS, shows that the country was losing a lot of revenue with the old system and that the resistance mounted against the introduction of ICUMS was due to the fact that 'some people' were afraid of getting 'exposed.’
Prof Adei who admitted to some challenges faced by the new system, noted that the challenges were being resolved and the outcomes were promising.
"We have challenges but they are being resolved and the results so far are promising, we are doing our best for God and country,” he stated.
Latest Stories
-
Iran–Israel war: Dissecting Netanyahu’s political calculus
27 minutes -
When Algeria came to Iran’s aid
40 minutes -
‘Retired but not tired’ – Stakeholders celebrate COP Samuel Alfred Winful’s distinguished service
54 minutes -
GWCL official dismisses claims of sabotage over uncommissioned Broto Water Project
1 hour -
Pakistan to nominate Trump for Nobel Peace Prize
2 hours -
Suicide bombing at Damascus church kills 22, Syrian authorities say
2 hours -
Bellingham scores as 10-man Real Madrid beat Pachuca
3 hours -
Three fans die in Algeria football stadium fall
3 hours -
South African engineers freed after two years in Equatorial Guinea jail
3 hours -
FedEx founder and former boss Fred Smith dies aged 80
3 hours -
Bride shot dead in attack on French wedding party
4 hours -
Legon Cities handed transfer ban over unpaid GHC 29,000 compensation to Francis Addo
4 hours -
Alonso says FIFA investigating racial abuse against Rudiger
4 hours -
Rashford would like to play at Barcelona with Yamal
4 hours -
Garnacho posts picture wearing Aston Villa shirt
4 hours