Dhaka, July 12 -- For far too long, Bangladesh has grappled with a persistently low revenue-to-GDP ratio - hovering around 8 per cent for decades - crippling its ability to finance essential public services and meet the demands of a growing population.
While the country has made impressive economic strides in recent years, this fiscal Achilles' heel continues to undermine its long-term development aspirations.
This newspaper reported on Friday that the government's renewed push to boost revenue collection is not only timely but also essential.
At the heart of this effort is the separation of tax policy from tax administration.
This long-overdue reform promises to foster a more transparent, equitable, and growth-oriented taxation system....