Ghana’s Public Financial Management (PFM) Compliance League Table has identified seven public institutions as top performers, with the Environmental Protection Agency (EPA) emerging as the highest-ranked entity among more than 100 institutions assessed.
The rankings, published by the Ministry of Finance, highlight organisations demonstrating strong adherence to the Public Financial Management Act, 2016 (Act 921), and related regulatory frameworks.
Other institutions recognised for high compliance include the Tema Oil Refinery, the Ministry of Energy and Green Transition, the Ghana National Petroleum Commission, the Ghana AIDS Commission, the Ministry of Finance, and the Petroleum Hub Development Corporation.
The Ministry described the league table as an effort to promote accountability, noting that it provides “an objective and data-driven evaluation” of how institutions manage public funds in line with established laws.
Strengthening Transparency and Accountability
According to the Ministry, the initiative fulfills a commitment made in the 2025 Budget Statement to improve transparency in public financial management.
The league table serves as a benchmarking tool to assess how effectively state institutions comply with rules governing the use of public resources.
Officials say the framework is designed to encourage fiscal discipline while providing clear performance indicators across the public sector. By ranking institutions, the government aims to reinforce compliance and reward entities that demonstrate sound financial practices.
The Ministry emphasized that the exercise represents “a significant step toward enhancing transparency and accountability,” while also helping to identify gaps in financial governance.
Low Performers Raise Concerns
Despite the strong performance of a few institutions, the report revealed that about 19 entities recorded weak compliance levels. Among the lowest-ranked were the Minerals Income Investment Fund, the Ghana Commodity Exchange, and the National Peace Council.
The National Communications Authority was identified as the least compliant institution in the assessment, raising concerns about adherence to financial management standards in some public entities.
The Ministry of Finance has indicated that it will take decisive action to address persistent non-compliance. It plans to engage underperforming institutions to help them strengthen their financial management systems and align with statutory requirements.
The government believes that sustained monitoring and enforcement will improve overall compliance and ensure the prudent use of public funds, reinforcing confidence in Ghana’s fiscal governance framework.
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