Going against the usual practice and history, the interim government has raised the revenue collection target for the current fiscal year (FY) by 5 percent, or Tk 24,000 crore.
The government has set an ambitious revenue growth target in this fiscal year’s revised budget given that three major multilateral development partners are stressing ramping up domestic resource mobilisation.
The government's focus on mega projects, skills development and job creation are commendable.
While economists have praised the proposed budget's emphasis on mega projects, skill development and job creation, they have termed the revenue generation target very ambitious.