Several of Ghana’s key public institutions, including the Ghana Revenue Authority, the Ministry of Education, and Korle Bu Teaching Hospital, have been ranked among the country’s least compliant in managing public funds, according to a new assessment by the Ministry of Finance.
The findings are detailed in the Public Financial Management (PFM) Compliance League Table, which evaluated 101 state institutions based on their adherence to the Public Financial Management Act, 2016 (Act 921) and related financial regulations.
A total of 19 institutions were placed in the “Least Compliant” category for recording the lowest scores. The list also includes the Financial Intelligence Centre, the National Media Commission, the University of Ghana, the Ghana Commodity Exchange, and the National Food Buffer Stock Company.
In a statement accompanying the report, the Ministry of Finance said the rankings reveal significant compliance gaps that require urgent corrective action.
“The League Table highlights institutions with significant compliance gaps, underscoring the need for targeted corrective actions and stronger enforcement measures,” the Ministry of Finance said.
The placement of the Ghana Revenue Authority (GRA) in the bottom tier is particularly notable, given its role as the primary body responsible for collecting tax revenue—the main source of funding for public institutions. The ranking is expected to spark public debate over accountability and whether agencies tasked with enforcing fiscal discipline are themselves following the rules.
The report comes amid ongoing national conversations about public sector efficiency and prudent financial management, as the government faces mounting pressure to optimise domestic revenue and control spending.
The Ministry said it will engage directly with low-performing institutions, with the PFM Compliance Division leading efforts to address the identified shortcomings. It also warned that strict enforcement actions will follow if compliance does not improve.
Introduced under the Public Financial Management Act, 2016 (Act 921), the league table is designed to strengthen fiscal discipline, promote transparency in public fund management, and enhance accountability across government agencies. Yet, the latest results indicate that significant challenges remain in achieving full compliance throughout the public sector.