The Government of Ghana has introduced a new Public Financial Management (PFM) Compliance League Table aimed at strengthening transparency, accountability, and fiscal discipline across public institutions.
The initiative, developed by the Ministry of Finance Ghana, provides an evidence-based ranking system to assess how well state institutions comply with financial regulations.
What Is the PFM Compliance League Table?
The PFM Compliance League Table is a performance benchmarking tool that evaluates how public institutions adhere to the Public Financial Management Act, 2016 (Act 921) and related regulations.
According to the Ministry, the system is designed to:
- Improve transparency in public spending
- Strengthen accountability mechanisms
- Identify weak financial controls
- Encourage continuous institutional improvement
The initiative fulfills a key commitment outlined in Ghana’s 2025 Budget Statement.
PFM Compliance Map (Ghana Public Sector Ranking Overview)
Highly Compliant Institutions
These entities demonstrated strong adherence to financial regulations:
- Environmental Protection Authority
- Tema Oil Refinery
- Ministry of Energy and Green Transition
- Ghana National Petroleum Corporation
- Ministry of Finance
- Ghana AIDS Commission
- Petroleum Hub Development Corporation
Compliant Institutions (53 Entities)
These institutions met acceptable standards but require continued monitoring:
- Office of the President (Jubilee House)
- Ghana News Agency
- Cocoa Marketing Company
- Petroleum Commission
- Office of the Registrar of Companies
- Ministry of Food and Agriculture
- Office of the Attorney-General and Ministry of Justice
- Ghana Police Service
- Ministry of Health
- Ghana Airports Company Limited
- GETFund
- Forestry Commission
- National Service Secretariat
(Full list continues across multiple public sector agencies)
Moderately Compliant Institutions (22 Entities)
These institutions showed partial compliance and require improvements:
- Department of Parks and Gardens
- Ghana Infrastructure and Investment Fund
- Ministry for Sports and Recreation
- Ghana Gas
- Ministry of Defence
- Ghana Health Service
- Ghana Prisons Service
- Metro Mass Transit Limited
Least Compliant Institutions (19 Entities)
These institutions recorded the lowest compliance scores:
- Office of Legal Aid Commission
- Minerals Income Investment Fund
- Ghana Commodity Exchange
- Venture Capital Trust Fund
- National Peace Council
- Financial Intelligence Centre
- Korle Bu Teaching Hospital
- University of Ghana
- Ghana Revenue Authority
- National Communications Authority
- National Disaster Management Organisation
Why This Ranking Matters
The League Table marks a major shift toward performance-based governance in Ghana’s public sector.
By publicly ranking institutions, the government aims to:
- Increase pressure for compliance
- Promote responsible use of public funds
- Enhance public trust in state institutions
Officials say institutions with low scores will receive targeted support through the Ministry’s PFM Compliance Division.
What Happens to Low-Performing Institutions?
The Ministry of Finance says it will:
- Engage underperforming institutions directly
- Identify gaps in financial systems
- Enforce stricter compliance measures
- Track improvements over time
The League Table will be updated periodically to measure progress and ensure sustained accountability.
Bigger Picture: Fiscal Discipline and Economic Stability
Strong public financial management is critical to Ghana’s economic stability, especially at a time when governments are under pressure to manage debt, control spending, and improve revenue generation.
Experts say tools like the PFM League Table can help reduce financial leakages, improve efficiency, and support long-term development goals.
What to Watch Next
- Future updates of the League Table
- Possible sanctions for persistent non-compliance
- Increased public scrutiny of government spending
- Expansion of the ranking system to more agencies
