#Headlines

GRA collects 7bn revenue in 7 months

Sep 21, 2020, 11:35 AM | Article By: Abdoulie Nyockeh

The Gambia Revenue Authority (GRA) has from January to end July 2020 collected 7 billion dalasis in revenue.

This development was confirmed by the commissioner general of the GRA Yankuba Darboe over the weekend.

According to Mr. Darboe, GRA was tasked to collect D12.5 billion in 2020 as revenue target, but due to the negative impact of the deadly coronavirus, the Ministry of Finance in consultation with the GRA reviewed and revised the said target accordingly, and thus has come with a target of D10.1 billion.

Mr. Darboe further disclosed that with the impact of the covid-19 pandemic, The Gambia will lose over D2 billion in revenues.

Darboe, however, assured that the GRA will meet the new government target revenue before the end of 2020. 

He said that all this is possible due their efforts in maximizing revenue collection following the introduction of technology in revenue collection.

Secondly, he said their engagements with tax payers were also effective as compliance level has increased significantly.

Mr. Darboe thus commended the Public Enterprise companies for increasing voluntary tax compliance, saying without which it would be very difficult for GRA to collect such an amount of money on a monthly basis.

He also commended his management and staff for the hard work and determination.

The GRA boss used the opportunity to call on all and sundry to voluntarily come forward and pay their taxes as GRA is mandated to collect taxes for national development.

He also emphasised that GRA will remain ever committed to ensuring that it plays it rightful role in mobilising the required financial resources for the realisation of national development.

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