Ghana’s revenue mobilization efforts hindered by structural challenges – Dalex Finance CEO

Dalex Finance CEO Joe Jackson has highlighted Ghana’s weak track record in revenue collection, citing structural inefficiencies in the tax system.

Speaking during an economic discussion, he noted that while revenues grow annually, they fail to rise significantly as a percentage of GDP. He pointed out that Ghana’s tax regime operates in silos, allowing for tax evasion, and emphasized the need for broader compliance, particularly in the informal sector, through digitalization and improved identification systems.

Jackson warned that missing revenue targets could lead to fiscal tightening. On debt management, he commended the government’s aggressive interest rate reductions and suggested that Ghana could cautiously re-enter the bond market, given its timely domestic coupon payments.

He stressed that achieving fiscal stability depends on efficient tax administration and disciplined financial management.