Wednesday, 10 December

Finance Minister visits Osu Tax Service Centre, pledges strong support for revenue mobilisation

Business
Dr Ato Forson at Osu Tax Centre

The Minister for Finance, Dr. Cassiel Ato Forson, has reaffirmed the government’s commitment to improving domestic revenue mobilisation during a working visit to the Osu Tax Service Centre, where he interacted with staff responsible for tax administration and compliance.

Dr. Forson commended the dedication of officers working to strengthen revenue collection and noted that while the government has made significant progress in expenditure control and the Bank of Ghana continues to show strong performance, the next critical step is boosting domestic revenue.

He stressed that his visit was solely to provide encouragement and not to interfere with the work of revenue officers.

“I emphasised that my visit was to encourage, not to interfere. I will not obstruct revenue collection, no matter whose ox is gored,” he stated.

The Finance Minister expressed concern over the country’s frequent reliance on tax increases rather than strengthening compliance mechanisms.

He stated that Ghana cannot continue burdening taxpayers with higher taxes when improved revenue collection systems could yield better results.

“It pains me anytime we resort to higher taxes instead of widening compliance and improving collection.

We cannot keep piling taxes on an already burdened taxpayer,” he said.

Dr. Forson disclosed that the government will introduce new electronic tools next year to support tax administration.

He also pledged to personally dedicate about half of his working time to driving the revenue transformation agenda.

He called for collaboration across institutions and the public to build a fair, strong, and sustainable revenue system.

“Together, we can build a fairer, stronger, and more sustainable revenue system for Ghana,” he added.

Source: Classfmonline.com/Cecil Mensah