Treasury

US stocks fell on Monday afternoon as the 10-year Treasury yield (^TNX) jumped above 4% for the first time since August a week before key inflation data and the start of earnings season.The Dow Jones Industrial Average (^DJI) fell 1.2%,…

10-year Treasury yields were back above 4% in early trading Monday.US10Y is back above 4 percentIt's been a bit of a perfect storm for bonds:Inflation expectations rise as oil prices riseBetter than expected US data combats recession fears…

Americans know him as the Deputy Chief of Mission at the Kenyan Embassy in Washington, DC. But Kenyans know him as the Director-General of Public-Private Partnerships (PPP) at the Treasury and the main explainer of the controversial…

The introduction of national insurance on employer contributions to pensions could generate billions for the Treasury, according to Sir Steve Webb, the former pensions minister. Webb, now a partner at LCP, points out that this…

The Ministry of Finance has introduced a series of radical measures aimed at reducing the fiscal deficit to 4% next year. Among these measures is the imposition of taxes on advanced training funds, which until now have…

The Finance Ministry today unveiled sweeping measures including NIS 35-40 billion in cuts to reduce Israel’s ballooning fiscal deficit to 4% in 2025. The measures were unveiled in the Tax Bill and the Anti-Dark Capital…

The draft economic arrangements law, which will be attached to the 2025 budget, outlines the reforms that the Finance Ministry intends to implement next year. The draft law includes important measures in the areas of…

The National Treasury wants the Cabinet Secretary to have the final say on waiving hard-to-collect taxes in an amendment likely to put Treasury and Parliament on a collision course. Treasury Secretary John Mbadi sought to amend the Tax…

As part of the Economic Arrangements Law accompanying the 2025 budget, the Finance Ministry plans to impose a tax of NIS 0.15 per kilometer driven by electric vehicles. This tariff will be lower than the NIS 0.19 per…

The Treasury has cut its tax target for the next financial year by Sh334 billion and cut spending in changes that signal the government's reluctance to raise taxes amid public anger. Budget review and forecast papers show the treasury…