Finance Minister Amir Khosru Mahmud Chowdhury today expressed optimism that the National Board of Revenue (NBR) would achieve its revenue collection target for the 2026-27 fiscal year, citing the preparedness of tax officials and continued engagement with the business community.
"The revenue collection outlook for the current fiscal year is encouraging. Revenue collection will be very good. Everyone at the NBR is geared up. InshaAllah, we will achieve the revenue target we have set," he said.
NBR's Preparedness and Engagement
The minister made the remarks while speaking to reporters after a meeting with senior NBR officials and business leaders at the Revenue Building in the capital's Agargaon. The NBR has been assigned a revenue collection target of Tk 6.04 trillion for FY2026-27.
During the meeting, leaders of the Bangladesh Textile Mills Association (BTMA) also met the finance minister and placed a number of proposals before him. Referring to the discussion with the business leaders, the minister said the government maintains regular engagement with the private sector to understand and address the challenges they face.
Government Measures and Ongoing Discussions
He said the government has already undertaken a number of deregulation measures to improve the business environment and that discussions are continuing to resolve any remaining issues. "The process of resolving these problems is ongoing and will continue," he added.
Significance and Implications
Achieving the revenue collection target is crucial for Bangladesh's economic stability and growth. It will enable the government to fund essential services, infrastructure projects, and social programs. The minister's optimism reflects confidence in the NBR's capabilities and the collaborative efforts between the government and the business community.
What Happens Next
Moving forward, the NBR will need to maintain its momentum and continue engaging with the private sector to ensure that revenue targets are met. The government's deregulation measures and ongoing discussions with business leaders will play a key role in creating a conducive environment for revenue collection.
