By: Momodou Justice Darboe
President Adama Barrow has said taxpayers’ contribution is what powers the engine of government.
Speaking at the 6th edition of GRA’s annual tax award ceremony at Kairaba Beach Hotel on Saturday, President Barrow said: “This ceremony is especially significant for me not only as a President of the country but also as a witness to the critical role taxpayers play in our nation’s progress. Given the nature of the Gambian economy, taxes form the bedrock of our financial muscle. The very fabric of our government. Our infrastructure and the essential services we all rely on are interwoven with the taxes you the taxpayers pay. It is your contribution that powers the engine of government thus enabling us to address vital national programs and build infrastructure to create a brighter future for all Gambians. I am filled with immense pride, therefore, to acknowledge the continued dedication and commitment of our business community to provide tax revenue needed to fund the government’s numerous development programs. I will seize this opportunity again to commend the Gambia Revenue Authority (GRA) for conceiving this laudable initiative and making it an annual event.”
According to the Gambian leader, it’s “quite thoughtful and motivating that the rationale for awarding the taxpayers in various categories of awards every financial year is to promote and foster a culture of voluntary compliance within our tax base”.
“I have learned that since the inception of this annual ceremony, voluntary compliance has improved radically and that it has sparked a positive competitive spirit within the business community,” he stated.
The President acknowledged that tax revenue has spectacularly increased since the birth of his administration.
“It will be pleasing for you to know that since the inception of my administration in 2017, we have realized a remarkable 72% increase in tax revenue, rising from D9.13 billion in 2017 to D15.79 billion in 2023. This is evidence of sound fiscal policy, our unwavering focus on domestic revenue mobilization and the tireless effort of the GRA Board, Management and the entire staff. It is important to note that this achievement has not come about through an increased tax rate. Rather, it is the result of expanding the tax base and the efficiency gains made possible by the automation of our revenue collection system,” he pointed out.
“I express sincere gratitude to the entire GRA team led by Commissioner General Mr. Yankuba Darboe for the consistent increase in revenue performance over the years. Their dedication and innovative strategies are clearly paving the way for a brighter future for The Gambia. The institutional commitment to reform and modernization is not only commendable but also critical for building a sustainable and prosperous nation. Embracing digitalization, as you have done, is critical in our ongoing reforms. My administration is thus willing to provide the necessary support to ensure that you continue to register greater successes,” added Mr. Barrow.
Meanwhile, President Barrow described the business community as the lifeblood of the Gambian economy.
“I assure the business community that your contribution to the nation goes far beyond the taxes you pay. You are the lifeblood of our economy by creating jobs, generating wealth, and driving innovation,” he recognized.
He assured the business community that his government will remain committed to making The Gambia a more attractive place for business.
“We are introducing trade facilitation measures to streamline international trade, improve efficiency and enhance your competitive advantage within the sub-region and Africa as a whole. Through GRA and other outlets, my appreciation will steadfastly translate into action and sustain its commitment to automating all business processes to simplify trade and ease the compliance burden,” he said.
President Barrow patted the recipients of the tax awards on the back for their compliance with tax laws.
“To the esteemed recipients of tonight’s awards, I say congratulations on this well-deserved recognition. Your compliance is not just a matter of fulfilling your legal obligation. It shows the degree of your patriotism and commitment to nation-building. …Your award represents a national honor. On behalf of my government, I pray to continue working tirelessly to create a conducive environment for businesses to thrive. We will continue to invest in infrastructure, improve access to finance, and promote a level playing field for all,” he stated.