Dhaka, Aug. 20 -- Bangladesh's lowly revenue-GDP ratio dipped further in the last financial year due mainly to economic downturn and sluggish business ambiance, coupled with unrest in the revenue-gathering entities.
The development has stoked concern among the policymakers as the next IMF review mission is not far away.
The revenue-to-GDP (gross domestic product) ratio dropped to 7.69 per cent in the FY2024-25 after having maintained a stand above 8.0 per cent in the last five years, according to the Ministry of Finance (MoF) data.
The aggregate revenue include tax revenue mobilised by the National Board of Revenue (NBR) and non-NBR revenue.
The tax-GDP ratio also declined to 6.7 per cent in FY25 from 7.39 per cent.
However, non-tax ...
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