01 February, 2024
FPAC ADOPTS GRA’S 2021 FINANCIAL AND ACTIVITY REPORTS
GRA Board and Management presented the institution’s 2021 financial and activity report to the Finance and Public Accounts Committee (FPAC) of the National Assembly on 29th January 2024 in fulfillment of its statutory mandate.
The Commissioner General reported that the Authority GRA collected a total revenue of twelve billion seven hundred and forty-one million seven hundred and eighty-six thousand eight hundred and thirtysix Dalasi and eighteen Bututs (D12,741,786,836.18) which translates into 100 percent of its annual target. According to CG Darboe, the Authority could have collected more save for the COVID 19, which led to the significant increase in international freight charges , high duty waivers and high fuel subsidies which all militated against meeting the Authority’s revenue target.
During the interface with the FPAC, the CG highlighted that the major driver for the optimum performance of the Authority is the significant investment in capacity building of staff. This has contributed to the increased competence of the Authority making it one of the leading national institutions in the country.
Members of the FPAC adopted the report with amendments following an intensive scrutiny and question and answer session.
In his concluding remarks, Commissioner General Darboe assured the members that GRA Board, Management and Staff are determined to continue improving on its mandate of collecting revenue for national development efficiently. He also used the opportunity to appeal for adequate resources to enable the Authority carry out its function.
After a day-long intensive scrutiny and consideration, members of the FPAC unanimously adopted the 2021 reports but with amendments.