Close Menu
    What's Hot

    Parliament passes controversial Anti-LGBTQ Bill after months of debate

    May 29, 2026

    Access Bank, Deloitte partner to strengthen women-led businesses in Ghana

    May 29, 2026

    Ghana secures 10-Year livestock modernisation deal with Nebraska

    May 29, 2026
    X (Twitter) Instagram YouTube TikTok
    Yocharley
    X (Twitter) Instagram YouTube TikTok
    • Home
    • General News
    • Entertainment
    • Business
    • Sports
    • Technology
    • International News
    Yocharley
    Home » GRA reveals $31 billion gap in Ghana’s import transactions
    business

    GRA reveals $31 billion gap in Ghana’s import transactions

    By Rebecca EsonApril 10, 2026No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email Copy Link

    The Commissioner-General of the Ghana Revenue Authority (GRA), Anthony Sarpong, has revealed that a comprehensive five-year review of trade data has uncovered significant irregularities involving an estimated $31 billion transferred out of Ghana without corresponding imports entering the country.

    He described the findings as “very revealing,” noting that they expose deep-rooted weaknesses in the country’s import monitoring and declaration systems at the ports.

    Speaking on the matter, he explained that the analysis of historical trade data pointed to extensive systemic gaps that have long affected revenue oversight.

    “When we took office, we did a study of the past data about five years back, and the results were very revealing… we were able to show… close to about 31 billion USD has been transferred out of the country without goods coming in,” he stated.

    According to him, the discrepancies go beyond simple reporting errors and have serious implications for foreign exchange management and national revenue protection. The review also identified recurring issues such as misclassification of goods, inaccurate valuation, and manipulation of country-of-origin declarations.

    He further disclosed that investigations uncovered coordinated collusion among some shipping line personnel, customs officials, and importers, which facilitated the leakages over time.

    “We then also found out that there was some collusion among shipping line staff, customs officers, and some importers. And this is how the scheme was being run,” he revealed.

    Mr Sarpong indicated that these findings have triggered urgent reforms within the Authority, particularly as reliance on manual processes and discretionary decision-making had created opportunities for exploitation.

    “So, we said we need to tackle this… using the same human beings and the extensive discretion… was not going to help us at all,” he added.

    To address these challenges, the GRA has introduced automation and artificial intelligence-driven systems aimed at strengthening controls in key risk areas such as classification, valuation, and origin verification. Central to this reform is the rollout of the Publican system, a digital platform designed to detect anomalies before clearance of goods.

    Launched on March 12, 2026, the Publican system operates as a real-time monitoring tool that compares import declarations against global pricing benchmarks and historical trade data. Unlike the previous manual approach, the AI-powered platform is capable of flagging suspicious transactions instantly.

    Revenue leakages at Ghana’s ports have remained a longstanding policy concern, often driven by under-declaration, misclassification, and transit diversion, where goods destined for neighbouring countries are illegally sold locally.

    The issue has gained renewed attention following a reported GH¢1.6 billion shortfall in customs revenue in 2025, alongside sanctions imposed on officials linked to irregular transit cargo clearance.

    Mr Sarpong expressed confidence that the shift toward automation would significantly reduce these leakages and improve efficiency across the system.

    “And the use of AI or automation… will give us the opportunity to see ahead of time,” he said.

    Tax taxes
    Previous ArticleCOMAC boss questions timing of Government fuel price relief
    Next Article Ghana card holders in Canada can travel home without visa
    Avatar photo
    Rebecca Eson

    Rebecca Esson is a lifestyle and human-interest writer passionate about stories that reflect everyday experiences. She explores relationships, social behaviour and evolving youth culture with depth and empathy. Her work connects real-life moments to broader societal themes, creating content that resonates beyond headlines.

    Related Posts

    Featured

    Parliament passes controversial Anti-LGBTQ Bill after months of debate

    May 29, 2026
    business

    Access Bank, Deloitte partner to strengthen women-led businesses in Ghana

    May 29, 2026
    Agribusiness

    Ghana secures 10-Year livestock modernisation deal with Nebraska

    May 29, 2026
    Featured

    Haruna Iddrisu criticises excessive bail conditions in Ghana

    May 29, 2026
    Banking and Finance

    GN Savings wins court battle — Nduom vows to rebuild indigenous bank

    May 29, 2026
    Featured

    Kwadwo Safo family unveils new funeral dates and National Memorial plans

    May 29, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Don't Miss

    Parliament passes controversial Anti-LGBTQ Bill after months of debate

    By Rebecca EsonMay 29, 20260

    The Ghanaian Parliament’s passage of the Promotion of Proper Human Sexual Rights and Ghanaian Family…

    Access Bank, Deloitte partner to strengthen women-led businesses in Ghana

    May 29, 2026

    Ghana secures 10-Year livestock modernisation deal with Nebraska

    May 29, 2026

    JAC Motors partners GFA with vehicle rewards for players and coaches

    May 29, 2026
    @2025 Yocharley, Designed by Adoit360.
    • Home
    • About Us
    • Contact Us
    • Terms and Conditions
    • Privacy Policy
    • Fact-Checking Policy
    • Editorial Policy

    Type above and press Enter to search. Press Esc to cancel.