Dhaka, Dec. 8 -- National Board of Revenue (NBR) Chairman Md Abdur Rahman Khan on Monday said Bangladesh has already slipped into a form of debt trap, and the nation must confront this uncomfortable truth if it wants to restore stability.

"despite wide-ranging debates on growth, inflation and economic management, the core challenge remains unchanged: Bangladesh must significantly increase domestic revenue to reduce its dependence on borrowing," he said.

He was Speaking at a seminar on the Bangladesh State of the Economy 2025 and the Sustainable Development Goals: Bangladesh Progress Report 2025 as the chief guest at the NEC Conference Room in the capital's Sher-e-Bangla Nagar area.

The event was organised by the General Economics Divis...