Bangladesh's Debt Burden Swells as Tax Revenue Falls Short of Ambitious Target
2025-03-22
The Daily Star
The National Board of Revenue (NBR) has missed its tax collection target, forcing the government to rely on borrowing to finance its budget, thereby increasing the country's debt burden. According to NBR Chairman Abdur Rahman Khan, this trend is unsustainable and may have long-term implications for the economy. As the government struggles to meet its expenditures, the debt burden continues to grow, posing a significant challenge to fiscal stability. With a growing need for revenue, the government must explore alternative solutions to mitigate the risk of debt accumulation and ensure a stable financial future. Key factors such as tax reform and economic growth play a crucial role in addressing this issue.
