Prime Minister’s Economic Adviser Dr. Rashed Al Mahmud Titumir said the government’s goal is to free the country from concerns about excessive domestic or foreign borrowing. He emphasized that the administration is prioritizing revenue collection more than ever before, with a National Board of Revenue (NBR) task force already working toward this objective. He made the remarks at a press briefing following a meeting with NBR officials at the Revenue Building in Agargaon, Dhaka, where NBR Chairman Abdur Rahman Khan was also present.

Titumir noted that Bangladesh’s tax-to-GDP ratio remains below 7 percent, which he described as insufficient for sustainable economic growth. The government aims to raise this ratio to 10 percent within five years and eventually to 15 percent if it continues in office. He stated that the current administration is using the iBAS+++ system to ensure accurate revenue accounting and will focus on performance-based tax benefits while curbing tax evasion and fraud.

The adviser also criticized the previous Awami League government for mismanaging the economy and providing misleading revenue figures, which the current government seeks to correct through transparency and reform.