Gov’t launches Revenue Assurance, Compliance and Enforcement programme

The Government of Ghana has today Wednesday August 25 launched the Revenue Assurance, Compliance and Enforcement (RACE) programme in Accra.

The programme which was launched by the Vice President Dr Mahamudu Bawumia is expected to help ensure the nation is able to increase its revenue mobilization ratio to 20% of Ghana’s Gross Domestic Product ( GDP), Information Minister Kojo Oppong Nkrumah said after the launch.

“Having completed a review of the revenue performance trends and the related support systems, Gov’t today launched the Revenue Assurance, Compliance and Enforcement (RACE) program to help ensure the nation is able to increase its revenue mobilization ratio to 20% of our GDP,” he said in a tweet.

“RACE will go a long way to help us improve domestic resource mobilisation to enhance our ability to invest in healthcare infrastructure and other key sectors of the economy.”

“Government is playing its part to diversify our revenue streams. The onus now lies on us as citizens to respond to this by being tax compliance.”

By Laud Nartey|3news.com|Ghana