Audio By Carbonatix
Ahmed Ibrahim, the Minister nominee for Local Government and Chieftaincy Affairs, has expressed his intention to enhance the collection of property rates across the country as a means of generating revenue for local development.
He pointed out that this area has been given insufficient attention despite its potential to significantly raise funds for development at the district level.
"One critical area that we can focus on, a low-hanging fruit, is property rates," he stated during his appearance at the parliamentary vetting on Tuesday, January 21.
"When given the nod, we will all come together to improve this. It is the quickest and most effective way of generating revenue at the district level," he added.
Mr Ibrahim also emphasised his commitment to decentralising the collection process, ensuring local authorities have direct access to the revenue for use in development projects.
In 2022, the Ministry of Finance, under the Ghana Revenue Authority (GRA) Act of 2009 (Act 791), introduced a Property Rate Reform Project to increase the collection of property rates nationwide.
The GRA was tasked with overseeing this initiative from January 2023, and while the number of billable properties has increased, the expected revenue generation has not met targets due to challenges in the system.
Ahead of the 2024 election, former President John Mahama announced plans to terminate the GRA's contract for collecting property rates and return the responsibility to the Metropolitan, Municipal, and District Assemblies (MMDAs).
Mr Ibrahim has pledged to continue this decentralisation effort if confirmed as Minister.
Latest Stories
-
Western North NPP raises alarm over cocoa sector neglect, cites lack of funds and jute sacks
10 minutes -
Government still owes IPPs over $700m in legacy debt — JoyNews Research
11 minutes -
Charge Ofori-Atta and stop the public commentary – Frank Davies tells AG
28 minutes -
NPP race: Massive turnout in Gushegu as delegates endorse Bawumia
32 minutes -
Ashaiman traders protest main market redevelopment, fear losing stalls and livelihoods
39 minutes -
Daily Insight for CEOs: The CEO’s role in strengthening goal setting and OKRs (Objectives and Key Results) across the Organisation
40 minutes -
Protect it, fix inefficiencies: BoG Governor on Gold-for-Reserves
45 minutes -
Ghana to host 2026 Africa Aquatics Championships in May
53 minutes -
IGP and Management Board tour police recruitment centres in Greater Accra to assess process
55 minutes -
BoG pushes back on IMF claims, says FX reforms are fixing not creating problems
60 minutes -
Stability came at a cost – BoG defends billions lost in Domestic Gold Purchase Programme
1 hour -
Ofori-Atta’s lawyer slams AG over public disclosure of ‘inconclusive’ offshore probe
1 hour -
Retribution and Karma: Amanda Clinton links Ofori-Atta’s woes to 2018 banking sector collapse
1 hour -
Borderless Africa petition surpasses 10K signatures, campaign intensifies
2 hours -
QNET Ghana hosts New Year media soirée, unveils plans for bigger V-Africa event
2 hours
