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
- Isaac Dogboe loses WBO Featherweight title fight to Robeisy Ramirez
33 mins - Fight against sexual harassment: Over 50 sensitized to lead campaign
2 hours - ‘I did nothing wrong’ – Bagbin on approval of new tax bills
2 hours - Lack of bipartisan consensus bane of constitutional amendments – Inusah Fuseini
3 hours - Ghanaians have lost hope in the 1992 Constitution, we need a new constitution – Barker-Vormawor
3 hours - 1992 constitution cannot sustain our democracy in the near future – Brigitte Dzogbenuku
4 hours - Nothing untoward was done in passage of 3 revenue bills despite absence of some MPs – Speaker
4 hours - Parliament notifies EC to conduct by-election in Kumawu after MPs death
4 hours - Attorney General’s Office must be strengthened and separated from Ministry of Justice – Brigitte Dzogbenuku
5 hours - Preview: Moment of greatness beckons Dogboe
11 hours - Scientists develop Kraft paper-based sensor to detect traces of pesticides in food
12 hours - Johnny Walker ‘walks’ 500km to audition for Joy Prime’s Cues and Lyrics
14 hours - Investing in the Grassroots: Dr. Duffuor unveils plan for salary structure and pension fund
14 hours - Adansi Travel partners Emirates for Dubai Tour
14 hours - Stalled GETFund projects hamper progress of Gbewaa college
15 hours