Accra: The Ministry of Finance has developed a Public Financial Management (PFM) Compliance League Table to enhance transparency, accountability, and fiscal discipline in the management of public resources. The League Table serves as a performance benchmarking tool that measures the extent to which public institutions adhere to established rules and procedures governing the use of public funds.
According to Ghana News Agency, the initiative fulfills the Government's commitment in the 2025 Budget Statement to publish an objective, evidence-based assessment of how public institutions comply with the Public Financial Management Act, 2016 (Act 921), its Regulations, and other relevant laws. The Ministry, in a statement, said the ranking system was designed to deepen transparency, promote accountability and encourage continuous improvement across the public sector.
The Ministry explained that the League Table also identified institutions with significant compliance gaps, which called for targeted corrective actions and stronger enforcement measures. The Ministry, through its PFM Compliance Division, would engage entities that recorded low compliance scores to help them identify and address weaknesses in their financial management systems, the statement said.
Under the rankings, institutions such as the Environmental Protection Authority, Tema Oil Refinery, Ministry of Energy and Green Transition, and Ghana National Petroleum Corporation were classified as highly compliant. A total of 53 institutions were listed as compliant, including the Office of the President (Jubilee House), Ghana News Agency, Cocoa Marketing Company, and Petroleum Commission.
The moderately compliant category comprised 22 institutions, including the Department of Parks and Gardens, Registrar-General's Department, and Ghana Infrastructure and Investment Fund. Meanwhile, the least compliant category included 19 institutions such as the Office of Legal Aid Commission, Minerals Income Investment Fund, and Ghana Commodity Exchange.
The Ministry emphasised that it would take firm steps to address persistent non-compliance and ensure that all covered entities adhered strictly to public financial management standards. It said the League Table would be updated periodically to track progress and sustain improvements in compliance across public institutions.