Dhaka, April 8 -- The International Monetary Fund (IMF) has pressed Bangladesh to raise its tax-to-GDP ratio to 9 percent in the 2025-26 fiscal year, a key condition tied to the country's ongoing loan programme.

The National Board of Revenue (NBR), however, has yet to articulate a clear strategy for how it intends to meet that target.

During a review meeting with the IMF delegation in Dhaka on Monday, the NBR formally proposed a reduction in the ambitious target.

The IMF delegation, however, rejected the request, maintaining that Bangladesh has the capacity to boost domestic revenue collection.

According to the loan agreement, the NBR must collect an additional Tk 570 billion in the 2025-26 fiscal year.

The government's current tax-t...