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TOR ranks second in Ghana's 2026 financial compliance league table

From fiscal discipline to transparency, TOR's rise in Ghana's rankings reveals a public sector turning accountability into action. What's driving this shift?

The image shows an old stock certificate issued by the Standard Oil Company. It features a picture...
The image shows an old stock certificate issued by the Standard Oil Company. It features a picture of a building and text that reads "Standard Oil Company".

TOR ranks second in Ghana's 2026 financial compliance league table

The Ministry of Finance in Accra has released its latest Public Financial Management (PFM) Compliance League Table. The rankings, unveiled on March 19, 2026, recognise institutions for their adherence to financial rules and transparency. Tema Oil Refinery (TOR) secured second place, just behind the Environmental Protection Authority (EPA).

The league table measures how well public institutions follow the Public Financial Management Act, 2016 (Act 921). It aims to improve fiscal discipline, resource management, and accountability across government bodies. The EPA topped the list, with TOR ranking second, followed by the Ministry of Energy and Green Transition.

TOR attributed its strong performance to sound financial practices and a focus on accountability. The company thanked its staff and stakeholders for their efforts in reaching this milestone. Officials also reaffirmed their commitment to maintaining high compliance standards and good corporate governance. The Ministry of Finance highlighted that the rankings also identify institutions with compliance gaps. These findings will guide targeted improvements to strengthen financial management across the public sector.

TOR's second-place ranking confirms its reputation for efficiency and transparency under current leadership. The league table continues to serve as a benchmark for financial compliance in Ghana. Future assessments will track whether institutions address gaps and sustain high standards.

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