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Public agencies risk sanctions over delayed PFM reports – MoF

New Ministry Of Finance Office Kanda .jpeg The Ministry of Finance new building

Sat, 18 Apr 2026 Source: www.ghanaweb.com

The Ministry of Finance has issued a Public Financial Management (PFM) compliance notice for Quarter 4 of 2025, reminding all public institutions to adhere strictly to reporting requirements under the government’s expenditure control framework.

In a statement, the Ministry referenced the “Guidelines for Implementation of Public Financial Management Commitment Control and Expenditure Management Measures,” issued on May 2, 2025, which require institutions to submit their quarterly Commitment Control Reports (CCR) to the Internal Audit Agency (IAA) within ten days after the end of every quarter.

“The report serves as a key control mechanism for ensuring fiscal discipline, promoting accountability and transparency in the management of public funds,” the Ministry stated.

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It warned that failure to comply within the stipulated timeframe constitutes a breach of the approved guidelines.

“In line with the above, Heads of public institutions that failed to submit their reports are hereby informed that following this publication, the Compliance and Enforcement Committee will invite them for a fair hearing and demand explanation for your actions and why you should not be subjected to administrative sanctions,” the statement added.

The Ministry emphasised that the enforcement process is part of ongoing efforts to strengthen fiscal discipline and improve compliance with public financial management regulations across all government institutions.





MA

Source: www.ghanaweb.com
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