Government should boost domestic revenue without necessarily raising taxes,” said Prof. Quartey

As discussions around achieving ‘Ghana Beyond Aid’ gain momentum, Professor Peter Quartey, Director of the Institute of Statistical, Social, and Economic Research (ISSER), has urged the government to explore innovative ways of boosting domestic revenue without increasing taxes on Ghanaians.

Speaking on Joy FM’s Super Morning Show, the economist highlighted that digitizing the tax system would enhance efficiency in revenue generation and reduce human discretion in tax collection.

While acknowledging the efforts of the Ghana Revenue Authority (GRA) and other institutions in digitizing parts of the tax system, Prof. Quartey emphasized the need for further expansion to cover the informal sector.

“We must increase domestic revenue not by increasing taxes, but by enhancing the efficiency of existing tax systems. We have begun this process with digitization, which the GRA and others are implementing, and I believe we should deepen these efforts.

“We should also minimize human interaction. There is currently too much discretion involved in revenue collection in the country,” he remarked.