The Ministry of Finance has introduced a Public Financial Management (PFM) Compliance League Table, a new initiative designed to strengthen fiscal discipline and enhance transparency in the use of public funds throughout Ghana.
The League Table, announced in a press release on Thursday, provides an objective and evidence-based assessment of how public institutions comply with the Public Financial Management Act, 2016 (Act 921), its regulations, and related financial governance frameworks.
Benchmarking Public Sector Performance
According to the Ministry, the initiative fulfils a commitment made in the 2025 Budget Statement to track compliance levels among state institutions publicly.
The League Table serves as a performance benchmarking tool, ranking institutions based on how well they adhere to rules governing the management and use of public resources.
By doing so, the Ministry aims to promote accountability, deepen transparency, and encourage continuous improvement in public financial management practices.
Top Performing Institutions Among the institutions identified as highly compliant are:
–Environmental Protection Authority
–Tema Oil Refinery
–Ministry of Energy and Green Transition
–Ghana National Petroleum Corporation
–Ghana AIDS Commission
Other institutions, including the Petroleum Hub Development Corporation, Cocoa Marketing Company, and the Petroleum Commission, were also listed among compliant entities.
Addressing Compliance Gaps
The Ministry noted that the League Table also highlights institutions with significant compliance gaps, signalling the need for corrective measures and stronger enforcement.
It said the PFM Compliance Division will engage underperforming entities to help them identify weaknesses in their systems and improve adherence to financial regulations.
Strengthening Fiscal Discipline
The initiative is expected to enhance oversight of public finances while ensuring that state institutions manage resources efficiently and in accordance with established laws.
The Ministry emphasised that it will take firm steps to address persistent non-compliance, reinforcing its commitment to accountability and sound financial governance in the public sector.
