June 17, 2026
News Desk
bdnews24.com
Bangladesh’s FY27 budget, the first under the newly elected government, has set revenue targets that may prove difficult to achieve given the country’s weak track record in tax mobilisation and implementing reforms, according to Fitch Ratings.
In a statement on Tuesday, the global rating agency said the budget aims to raise the revenue-to-gross domestic product (GDP) ratio to 10.2 percent from about 8 percent in FY26, which would be the highest level since 1993.
