Dhaka, March 19 -- The National Board of Revenue (NBR) is set to strengthen its Research and Statistics wing following recommendations from local experts and the foreign development partner, the International Monetary Fund (IMF).

The strengthening is necessary to carry out reforms vital for the public exchequer to ensure greater mobilization of domestic resources, NBR officials said.

According to officials, it is not only a recommendation from development partners, but NBR officials have also been demanding the strengthening of the wing for some time now as proper statistics are required to formulate the right policies.

Currently, the Research and Statistics wing is one of the neglected departments of the revenue board due to a lack of...