The total amount of direct taxes collected in July 2025 was GH¢5.265 billion, a 14.8% year-over-year increase.

Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.

Activities in the manufacturing sub-sector, gauged by trends in the collection of direct taxes and private sector workers’ contributions to the Social Security and National Insurance Trust (SSNIT) Pension Scheme (Tier-1), improved in July 2025.

According to the Bank of Ghana’s September 2025 Monetary Policy Report, total direct taxes collected increased by 14.8% (year-on-year) to GH¢5.265 billion in July 2025, relative to GH¢4.586 billion recorded in a similar period in 2024.

Cumulatively, total direct taxes collected for the first seven months of 2025 went up by 26.2% to GH¢47.592 billion, from GH¢37.702 billion for the same period in 2024.

Source: newsthemegh.com