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March 23, 2026
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GRA, Education Ministry, Korle Bu rank among least compliant in public funds management — PFM League table
Money
Policy
Growth
Key Points
- A Ministry of Finance assessment revealed that several critical public institutions in Ghana, including the Ghana Revenue Authority (GRA), Ministry of Education, and Korle Bu Teaching Hospital, are among the least compliant in managing public funds.
- The Public Financial Management (PFM) Compliance League Table evaluated 101 state institutions, with 19 entities, including the University of Ghana and National Media Commission, placed in the “Least Compliant” category.
- The Finance Ministry highlighted serious compliance gaps that require urgent attention, targeted corrective actions, and stronger enforcement measures.
- The low ranking of the GRA is particularly concerning due to its mandate in mobilizing tax revenue, raising questions about accountability and adherence to fiscal discipline by enforcement bodies.
- The Ministry of Finance plans to engage with low-performing institutions and warned of firm enforcement action against those failing to improve compliance levels with the PFM Act, 2016 (Act 921).
Why This Matters
This report exposes critical weaknesses in financial management across Ghana's public sector, including vital institutions responsible for revenue, education, and health. Poor compliance with PFM regulations undermines fiscal discipline, transparency, and accountability, directly impacting the efficient use of taxpayer money and hindering national development efforts.
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