Former CAG and current Sonali Bank chairman Mohammad Muslim Chowdhury highlights structural weaknesses, inefficiency, and bureaucratic complexity within the National Board of Revenue (NBR) as key reasons behind Bangladesh’s persistent revenue shortfalls. He stresses the need for tax system reform, local government empowerment, and better project evaluation to improve budget implementation and attract foreign investment. Chowdhury supports recent financial sector reforms but warns that political stability and long-term policy consistency are essential to drive sustainable economic progress.