As Ghana aims to boost domestic revenue mobilization, Deloitte has outlined key measures to strengthen the legal and regulatory regime for Non-Tax Revenue (NTR) in its 2025 Budget Summary Report. The recommendations align with the government’s target of increasing NTR to 4% of GDP and 20% of total domestic revenue in the medium term.
Deloitte’s recommendations focus on enhancing oversight, improving collection efficiency, and leveraging digitalization to optimize NTR contributions. The firm highlights four critical reforms:
National NTR Strategic Policy Manual: Establishing a structured policy framework to guide NTR collection, administration, and strategic planning.
Comprehensive NTR Legislation: Introducing an overarching legal framework to regulate NTR activities and ensure consistency across revenue-generating agencies.
Digitalization & Enforcement of Treasury Single Account (TSA) Policy: Enhancing transparency and efficiency by centralizing NTR collections into a unified digital treasury system.
Review of the Property Rate Regime: Expanding the property tax base and streamlining administrative processes to improve compliance and revenue generation.
With tax revenues alone proving insufficient to meet Ghana’s fiscal needs, the government is seeking to strengthen NTR streams to support its “Big Push” infrastructural development agenda. The reintroduction of road tolls in 2025, announced in the budget, is one example of efforts to maximize alternative revenue sources.
Implications for Businesses and Investors
Regulatory Clarity: Businesses will benefit from a clearer NTR framework, reducing ambiguity in compliance.
Revenue Optimization: Digital enforcement will plug leakages and improve NTR collection efficiency.
Infrastructure Funding: Enhanced NTR will support critical infrastructure projects without over-reliance on tax hikes.
A Step Toward Fiscal Sustainability
Deloitte’s recommendations underscore the urgent need for a structured and technology-driven approach to unlocking the full potential of non-tax revenues. As Ghana seeks fiscal sustainability, implementing these measures will be key to strengthening public finance, reducing reliance on external borrowing, and ensuring long-term economic stability.
