Bangladesh’s National Board of Revenue (NBR) has set an ambitious goal to raise revenue collection to 8 percent of GDP in the 2026–27 fiscal year, up from the current 6.6 percent. The plan was presented to the Prime Minister’s Economic and Planning Adviser Dr. Rashed Al Mahmud Titumir. The move comes despite sluggish implementation of the Annual Development Programme (ADP), weak investment, export slowdown, and rising unemployment, compounded by new uncertainties from the Middle East conflict.

The NBR’s efforts are also linked to conditions under the International Monetary Fund’s loan program, which requires improved revenue performance. Although Bangladesh has met other IMF conditions, it has repeatedly failed to meet revenue targets. Officials say the drive to increase revenue is driven by domestic development needs, not just IMF pressure. The NBR is focusing on expanding the tax base, improving compliance, and reducing tax evasion.

Experts warn that escalating global energy prices and supply disruptions could further strain Bangladesh’s economy and hinder revenue collection. The NBR is also reviewing tax exemptions and implementing digital systems to close collection gaps and recover large outstanding dues from state entities.