Revenue collection fell significantly short of the International Monetary Fund’s (IMF) target in the first six months of the current fiscal year, with the floor for the fourth instalment of an ongoing $4.7 billion loan programme proving too ambitious.
It will not reduce capital flight, only encourage malfeasance
Recent trends seem to care too little about the wise art of deficit financing.
Bangladesh government must overhaul the taxation system for greater impact
The recent downgrade by Moody's of the credit ratings of Bangladesh’s economy and some private banks is not the only indicator that confidence is declining.
Revenue collection fell significantly short of the International Monetary Fund’s (IMF) target in the first six months of the current fiscal year, with the floor for the fourth instalment of an ongoing $4.7 billion loan programme proving too ambitious.
It will not reduce capital flight, only encourage malfeasance
Recent trends seem to care too little about the wise art of deficit financing.
Bangladesh government must overhaul the taxation system for greater impact
The recent downgrade by Moody's of the credit ratings of Bangladesh’s economy and some private banks is not the only indicator that confidence is declining.
