Ghana’s education sector has come under scrutiny after key institutions including the University of Ghana, the Ministry of Education, and the National Council for Curriculum and Assessment were ranked among the lowest performers in public financial management compliance in a new government assessment.
The findings were published in the Public Financial Management Compliance League Table released by the Ministry of Finance, which assessed 101 public institutions on how well they comply with the Public Financial Management Act, 2016 (Act 921), as well as other financial regulations governing the use of public funds.
According to the report, a total of 19 institutions were placed in the “Least Compliant” category, with the three education-related institutions identified among those with significant compliance weaknesses. The league table is intended to serve as an objective and evidence-based benchmarking tool aimed at improving accountability and transparency across the public sector.
The Ministry of Finance explained that the ranking system is designed to promote responsible financial management and encourage institutions to improve how they manage and use public resources. The report noted that by ranking institutions based on their level of compliance, the government hopes to strengthen transparency, promote accountability, and push public institutions to continuously improve their financial management systems.
The placement of the University of Ghana in the lowest compliance tier has drawn particular attention due to its position as Ghana’s premier public university and one of the country’s most respected academic institutions. Its ranking in the bottom category highlights concerns about financial management practices within parts of the education sector.
In contrast, the Ghana Education Trust Fund recorded a stronger performance in the assessment, ranking 18th in the broader “Compliant” category. The difference in performance between GETFund and the other education institutions suggests uneven financial management standards across the sector.
The Ministry of Finance has indicated that it will engage directly with all institutions that performed poorly through its Public Financial Management Compliance Division to identify the gaps responsible for their low rankings and to implement corrective measures. The Ministry has also warned that stricter enforcement measures will be applied if the affected institutions fail to improve their compliance levels.
The report is expected to increase pressure on public institutions to strengthen their financial controls, improve reporting standards, and ensure full compliance with Ghana’s public financial management laws to protect public funds and improve confidence in public sector financial administration.
Journalist
Source: Wesleyannews.com
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