Alexander Hamilton originated the put and take system in our national treasury the taxpayers put it in, and the politicians take it out. Will Rogers
Instead, the primary aim for Mboweni and the National Treasury is to dance to the tune of big business and fat cat politicians. Source: Internet
"A strong and sustained rebound in economic growth is required for the tax-to-GDP ratio to return to levels seen in 2019/20," National Treasury said. Source: Internet
But even as this was the case, the Budget Review and Outlook Papers from the National Treasury set the upper threshold for Kenya at 74 percent in the 2017 edition before changing to 55 percent of the country's GDP. Source: Internet
Findings aligned very closely with a widely quoted National Treasury statement that only 6% of the country’s population was on track to retire comfortably.” Source: Internet
In its review of the medium-term adjusted budget, the National Treasury said it was working to contain public spending which has increased by 4.1% annually over the past decade. Source: Internet