GHS137794.80 monthly salary of the GRA Boss and other CRAZY benefits he enjoys

The benefits that come with being the GRA boss are beyond the imagination of many Ghanaians. According to information sighted by Ghanaeducation.org and published on Twitter by BongoIdea, Rev. Ammishaddai Owusu-Amoah, who is the GRA boss, bags a monthly pay of GHS137,794.80. This was as of the end of December 2023.

He is supposed to enjoy a 20% annual increase in his salary. This means that before the end of 2024, if he is still at post, his income will increase by (20% of 137,794.80 is)  27,558.96. This will bring his monthly salary to GHS165353.76.  His monthly earnings make him the second-highest-paid appointee of the government. Currently, the governor of the Bank of Ghana is the highest-paid appointee.

Below is the full list of benefits being enjoyed by Rev. Ammishaddai Owusu-Amoah. When you compare this monthly income to that of many Ghanaian workers, it will take many their whole working lives to earn.

If you think the GHS137794.80 monthly salary of the GRA boss is too much, take alook at the other benefits as well.

Rev. Ammishaddai Owusu-Amoah’s monthly income.

– he’s the 2nd highest paid govt appointee after BOG governor
– in 2023, he was being paid a monthly salary of GHS137,794.80
– housing allowance of ghc6000
– home enhancement allowance of ghc2000
– travel per diem of $1500
– clothing allowance ghc10,000
– Free medical care for spouses & kids
– Yearly mandatory medical examination
– Ghc2000 for yearly replacement of lenses
– Inconvenience allowance ghc500/day
– responsibility allowance ghc1500/month
– monthly entertainment allowance ghc1500
– DSTV Premium Service ghc700
– official vehicle with monthly fuel coupons
– Private car plus car loan
– vehicle maintenance allowance ghc1000/month
– 3 personal security guards
– salary increase by 20% per annum

Calculating Total Compensation and Converting to Cedis and Dollars

Based on the information provided, we can calculate the total compensation for this individual in 2023 and then convert it to cedis and dollars:

Monthly Income:

• Salary: GHS 137,794.80
• Housing Allowance: GHS 6,000
• Home Enhancement Allowance: GHS 2,000
• Travel per diem ($1,500): Assuming an average exchange rate of 1 USD = 10 GHS, this converts to GHS 15,000
• Clothing Allowance: GHS 10,000
• Inconvenience Allowance: GHS 500/day * 30 days = GHS 15,000
• Responsibility Allowance: GHS 1,500
• Entertainment Allowance: GHS 1,500
• DSTV Premium Service: GHS 700

Total Monthly Income: GHS 137,794.80 + 6,000 + 2,000 + 15,000 + 10,000 + 15,000 + 1,500 + 1,500 + 700 = GHS 201,494.80

Additional Benefits:

• Free medical care for spouses & kids
• Yearly mandatory medical examination
• GHS 2,000 for yearly replacement of lenses
• Official vehicle with monthly fuel coupons
• Private car plus car loan
• Vehicle maintenance allowance GHS 1,000/month
• 3 personal security guards

Calculating Annual Income:

Multiply the monthly income by 12: GHS 201,494.80 * 12 = GHS 2,417,937.60

Salary Increase:

The information states a 20% annual salary increase. However, as we already calculated the annual income without considering the increase, adding the increase would result in double-counting.

Conversion to Cedis:

As the monthly and annual income were already calculated in cedis, no conversion is needed.

Conversion to Dollars at

Therefore, at the given exchange rate, the individual’s annual income of GHS 2,417,937.60 translates to approximately USD 201,494.80 a year.

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Meanwhile, he’s 60 and should have retired but still enjoying these perks and more for 2 years!