Dhaka, Nov. 25 -- The government has reviser the tax-revenue-collection target upward by Tk 540 billion to meet a growing need for internal resources to manage budget deficit.

Debt service has become a major headache for the government as loans taken from foreign and domestic sources have reached an optimum level.

Debt-servicing amounts hit a record Tk 1.35 trillion in the past fiscal year (FY25), in a quantum leap from Tk 320 billion in FY2016. Domestic borrowings account for 88 per cent of total debt repayments, finance ministry data show.

Following this, the Ministry of Finance (MoF) has instructed the National Board of Revenue (NBR) to mobilise Tk 5.54 trillion in taxes, up from the targeted Tk 4.99 trillion in the current fiscal y...