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.
The Gambia Revenue Authority (GRA) is pleased to announce the attendance of its top officials at the second International Monetary Fund (IMF) - AFRITAC WEST 2 Regional Leadership Forum, which convened leaders from Anglophone West Africa and Cape Verde.
Notably, the delegation included Commissioner General Mr. Yankuba Darboe, Deputy Commissioner General and Head of Domestic Taxes Mr. Essa Jallow, and Director of Technical Services Mr. Yahya Manneh.
The workshop was officially inaugurated by the Honorable Minister of Finance of Sierra Leone, Sheku Ahmed Fantamadi Bangura. The event also saw participation from the AFRITAC West 2 Center Director, as well as IMF and EU Resident Representatives in Sierra Leone.
The forum focused on critical themes essential for strengthening tax administration and leadership, including:
- Effective decision making in tax administration
- Ethical leadership in tax administration
- Managing political interference in tax administration
- Turning vision into impact through adaptive leadership for tax transformation
- Delivering successful reforms
- Managing a portfolio of reforms
- Handling difficult stakeholders
- Leading for results through performance management
- Personal and professional development
The forum provided a vital platform for Commissioners and management teams to engage on pressing issues concerning revenue administration and reform implementation in the region.
During the event, the GRA had the opportunity to present on the theme "Navigating Political Challenges in Reform Implementation and Revenue Administration."
The presentation highlighted GRA’s practical experiences with key initiatives such as the implementation of ASYCUDA World, the introduction of Digital Tax Stamps on excisable goods, the Revenue Assurance System for Mobile Network Operators, and the Rental Tax Compliance System.
These examples illustrated the Authority’s proactive approach to overcoming challenges related to political interference while driving effective reform and modernization of revenue administration.
The event also provided the GRA’s Senior Management Team the opportunity to learn from the experiences of the other AFRITAC West 2 member administrations on their reforms implementation.