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The Ministry of Finance has launched a Public Financial Management (PFM) Compliance League Table, ranking state institutions based on how well they adhere to fiscal rules, in a move to boost transparency and accountability in the management of public funds.
In a statement issued on March 19, 2026, the Ministry described the initiative as a major step toward strengthening fiscal discipline and improving oversight of public resources.
The league table fulfils a commitment made in the 2025 Budget Statement to publish an objective, evidence-based assessment of institutional compliance with the Public Financial Management Act, 2016 (Act 921) and its regulations.
According to the Ministry, the rankings will serve as a benchmark to track performance, highlight gaps, and encourage improvements across the public sector.
Top performers
In the first set of rankings, institutions such as the Environmental Protection Authority (EPA), Tema Oil Refinery (TOR), and the Ministry of Energy and Green Transition were classified as “highly compliant.”
They are joined in the top tier by the Ghana National Petroleum Commission, the Ministry of Finance, the Ghana AIDS Commission, and the Petroleum Hub Development Corporation.
Widespread compliance
A significant number of institutions were rated “compliant,” including key agencies like the Ghana Airports Company Limited, Ghana Education Trust Fund, and the Securities and Exchange Commission.
Several ministries and regulators — including the Ministry of Health, Ministry of Transport, and the National Petroleum Authority — also fall within this category, suggesting broad adherence to public financial management standards.
Areas of concern
The report also flags institutions with weaker performance. The Ghana Ports and Harbours Authority, Ghana Health Service, and Metro Mass Transit Limited were rated “moderately compliant,” indicating some shortcomings.
More concerning are those listed as “least compliant,” including the Ghana Revenue Authority, University of Ghana, and the National Communications Authority — highlighting ongoing challenges in enforcing financial discipline across key institutions.
Enforcement measures
The Ministry says the league table will go beyond reporting to drive corrective action. It plans to engage underperforming institutions and take firm steps to address persistent non-compliance.
The PFM Compliance League Table is expected to play a central role in Ghana’s ongoing fiscal reforms, serving both as a transparency tool for the public and a performance benchmark for state institutions.