GRA and First Bank Gambia Sign Agreement to Modernize Revenue Collection Systems

The Gambia Revenue Authority (GRA)  has signed a Memorandum of Understanding (MoU) with First Bank Gambia Limited to strengthen national revenue collection systems and improve digital payment efficiency across the country.

The signing ceremony, held at the GRA headquarters, represents a significant milestone in the Authority’s collaboration with the financial sector to ensure smooth, transparent, and timely remittance of taxes and other public revenues.

The agreement aims to modernize GRA’s operations by reducing manual tax payment processes and enabling taxpayers to make direct payments through banks, minimizing delays and administrative bottlenecks. This partnership is expected to accelerate the Authority’s ongoing digital transformation efforts while enhancing service delivery for taxpayers.

Under the agreement, First Bank Gambia will facilitate tax collection on behalf of GRA through its existing branch network in Banjul, Kairaba Avenue, Serrekunda, Brikama, and Latrikunda, with plans to extend services to Brusubi, Basse, and Farafenni. The bank’s broad regional presence across West Africa and beyond will also strengthen the partnership’s capacity to deliver efficient and reliable financial services.

The collaboration underscores GRA’s commitment to digital innovation, transparency, and accountability in revenue management. By integrating digital systems within partner banks, GRA seeks to eliminate long queues and manual cash handling while ensuring all transactions are traceable through a secure digital audit trail.

Both institutions reaffirmed their commitment to fostering efficiency, transparency, and trust within the national revenue ecosystem. The partnership marks another step toward achieving The Gambia’s vision of a modern, technology-driven tax administration system that supports sustainable economic growth and national development.