President Nana Akufo-Addo has appointed Kofi Nti as the new Commissioner-General of the Ghana Revenue Authority (GRA).

The Tax Policy Advisor is a former staff of the Ministry of Finance during the erstwhile President Kufuor administration.

Nti takes over from George Blankson.

READ ALSO:  Brexit will not affect our relationship with Ghana - Boris Johnson

Reports suggest that he is a close associate of Vice President Dr Mahamudu Bawumia.

He is also one of the people who help with research on the economy of the country behind the scenes when the New Patriotic Party was in opposition.

READ ALSO: Chamber of Commerce demands interests for late duty drawback payments

The GRA has overall oversight of all the taxation agency in the country. The Authority was established in 2009 as a merger of the Internal Revenue Service (IRS), Customs, Excise and Preventive Service (CEPS), Value Added Tax Service (VATS), and the Revenue Agencies Governing Board (RAGB) Secretariat.

GRA has been established to among others Integrate Internal Revenue Service (IRS) and Value Added Tax Service (VATS) into domestic tax operations on functional lines as well as integrate the management of Domestic Tax and Customs.