Home West Africa Gambian Revenue Authority Signs MoU with External Entities to Boost Revenue  

Gambian Revenue Authority Signs MoU with External Entities to Boost Revenue  

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Gambian Revenue Authority Signs MoU with External Entities to Boost Revenue

(3 Minutes Read)

The Gambia Revenue Authority signed a Memorandum of Understanding (MoU) with two eminent companies –SOGEMA Technologies Ltd., a Canadian company, and Social Security Housing and Finance Cooperation (SSHFC) of the Gambia respectively.

 GRA’s Commissioner General Yankuba Darboe, at the signing event, pointed out that the MOU marks a significant step forward in fostering a more collaborative and efficient working relationship between GRA and SSHFC. He added that the importance of strong partnerships between these institutions cannot be overstated.

According to the GRA, the MOU signifies a commitment to collaborate in areas such as data sharing, information exchange, and joint initiatives. He reiterated that the synergy would allow both companies to leverage each other’s strengths and resources to achieve the shared goals by promoting economic growth, ensuring compliance, and uplifting social welfare in the country.

Darboe further stated that both the GRA and SSHFC play vital roles in the country’s development. The GRA works tirelessly to collect taxes, fostering a culture of compliance that fuels national development projects. The SSHFC on its part provides social security benefits and facilitates access to affordable housing-both crucial for the well-being of Gambians.

The Managing Director of SSHFC, Malang Saloum, expressed satisfaction with the MOU, saying that both institutions have many common objectives to work together in the best interest of national development. He added that it is only through collective efforts and complementing each other that can help achieve the national objectives as a country.

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Signing a contract earlier between GRA and Sogema Technologies Limited, the Canadian company, CG Darboe described it as a significant step for GRA. He cited that GRA has been working tirelessly towards the digitalisation of revenue collection and processes.