Development Economist, Dr. Hayford Mensah Ayerakwa has called on the Ministry of Finance to disclose the methodology behind its recent financial compliance exercise, following the emergence of a table ranking public institutions.
Speaking on Bryt Adekyee Mu Nsem with Kwamina Sam Biney, he questioned the basis for categorizing institutions as highly compliant, not highly compliant, and least compliant.
“I would want to see the methodology they used. If you give me the methodology, then we can know the indicators, because if you say an institution is highly compliant, what does it mean?” he asked rhetorically.
He therefore suggested that clear benchmarks such as scoring thresholds should be made public to justify the classifications.
Dr. Ayerakwa further noted that without transparency, it becomes difficult to fully understand whether institutions are being fairly assessed.
“So maybe there is some methodology that I don’t know about. If there is a methodology like that, it will help us to know what the institution was able to do, where they lack, and the reason why we are classifying them as compliant or not compliant,” he explained.
He maintained that while the initiative is a good step, transparency is key to ensuring credibility and meaningful analysis.
Source: Mybrytfmonline.com/Tamara Owusu Ansah
