Masrur Reaz, chairman and chief executive officer of Policy Exchange Bangladesh, said that the revenue collection target wasn鈥檛 set systematically or based on proper research into the economy.
For this reason, the country has to fail every year in fulfilling revenue collection target.
However, the economy of the country was slow in FY25, along with significant reduction in investment and capital machinery imports, which impacted the duty collections, he added.
He also stated that the annual development programme experienced sluggishness in FY25, which affected VAT collection.
鈥楾he July uprising and a number of movements, protests, blockades at onwards months also impacted country鈥檚 supply chains,鈥� he added, saying that even NBR officials were on protests for about two months.
He suggested that the government should establish realistic and economically rational targets for revenue collection in the upcoming financial year.
Masrur Reaz stated that the government must implement structural, policy-related, and institutional reforms to collect targeted revenue.
He said that the government set a target of revenue collection of Tk聽4,99,000 crore in FY26, while there would be a gap of more than Tk聽1,00,000 in FY25, and targeting about 8 per cent more than the Tk聽4,63,000 would also be ambitious.
鈥楾he exemptions and reduction in the budget must be rationalised and emerging industry-oriented,鈥� he added.
