The Finance Ministry 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 served 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.
The initiative fulfils 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.
It 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, the Environmental Protection Authority, Tema Oil Refinery, Ministry of Energy and Green Transition, Ghana National Petroleum Corporation, Ministry of Finance, Ghana AIDS Commission, and Petroleum Hub Development Corporation were classified as highly compliant institutions.
A total of 53 institutions were listed as compliant, including the Office of the President (Jubilee House), the Ghana News Agency, the Cocoa Marketing Company, the Petroleum Commission, the Office of the Registrar of Companies, the Ministry of Food and Agriculture, and the Office of the Attorney-General and Ministry of Justice.
The others were the Ministry of Transport, the Commission on Human Rights and Administrative Justice, Ghana Airports Company Limited, the Ghana Education Trust Fund (GETFund), the Ghana Police Service, the Ministry of Health, the National Service Secretariat, the Ghana Highways Authority, and the Forestry Commission.
The rest were the National Pensions Regulatory Authority, Ministry of Foreign Affairs, Ghana Standards Authority, Ministry of Trade, Agribusiness and Industry, Ghana Export Promotion Authority, Ministry of Tourism, Culture and Creative Arts, and the Controller and Accountant-General’s Department.
The moderately compliant category comprised 22 institutions, including the Department of Parks and Gardens, Registrar-General’s Department, Ghana Infrastructure and Investment Fund, Ministry for Sports and Recreation, Ghana Gas, Ministry of Defence, District Assemblies Common Fund, Land Use and Spatial Planning Authority, Ghana Health Service, Ghana Prisons Service, and Metro Mass Transit Limited.
The least compliant category had 19 institutions, including the Office of Legal Aid Commission, Minerals Income Investment Fund, Ghana Commodity Exchange, Venture Capital Trust Fund, National Peace Council, Financial Intelligence Centre, Korle Bu Teaching Hospital, University of Ghana, and Ghana Revenue Authority.
The others were the National Media Commission, National Food Buffer Stock Company, Office of the Head of the Civil Service, Ministry of Education Headquarters, Ghana National Fire Service, National Disaster Management Organisation, and the National Communications Authority.
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.
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Source: www.myjoyonline.com
