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EPA, TOR lead as Finance Ministry ranks public institutions on financial compliance
March 23, 2026
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EPA, TOR lead as Finance Ministry ranks public institutions on financial compliance

Money
Policy

Key Points

  • The Ministry of Finance has introduced its first Public Financial Management (PFM) Compliance League Table, ranking state institutions on adherence to financial regulations.
  • This initiative, stemming from commitments in the 2025 Budget, aims to boost transparency, accountability, and fiscal discipline across the public sector.
  • Top performers include the Environmental Protection Authority, Tema Oil Refinery, Ministry of Energy, and GNPC, while many others like Ghana Health Service were moderately compliant.
  • Several key institutions, including the Ghana Revenue Authority, University of Ghana, and Korle Bu Teaching Hospital, were classified as least compliant.
  • The Ministry has warned that institutions with persistent compliance gaps will face targeted interventions and stricter enforcement measures to drive reforms.

Why This Matters

This initiative is crucial for Ghana as it introduces a new level of public accountability and transparency in the management of state funds. By publicly identifying and addressing financial compliance weaknesses, it aims to reduce corruption, improve resource allocation, and strengthen public trust in government institutions, ultimately fostering better governance and more efficient use of taxpayer money.

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