Chairman of the National Board of Revenue (NBR) Abdur Rahman Khan said that they have gradually been adopting information technology to improve compliance, expand the tax base and reduce human discretion in revenue administration. "With digital data, we can analyse taxpayer behaviour and assess th
Bangladesh's foreign exchange reserves stood at US$35.20 billion, according to the latest data released by the Bangladesh Bank (BB) on Sunday. Under the International Monetary Fund's (IMF) BPM-6 accounting method, the reserves stood at $30.51 billion, the central bank added.
The country’s remittance inflow has crossed the US$3.0 billion milestone in April, reflecting sustained strong inflows from expatriate Bangladeshis, according to data released by the Bangladesh Bank (BB) on Sunday. During this period, remittance receipts reached $3,127 million, marking a 13.
Bangladesh government has sought extended financial and technical supports from foreign development partners to weather the economic shocks stemming from the Gulf crisis and to accelerate implementation of its election pledges, officials say. Formal requests for the support were despatched to a br
Prof Anu Muhammad, a member of the Ganatantrik Odhikar Committee, has once again criticised the failure of successive governments to strengthen national capacity and state institutions in strategic sectors such as energy and natural resource management. Speaking at an event evaluating the BNP gove
Disbursements of agricultural and rural credit witnessed a significant surge during the first eight months of the current fiscal year, official data revealed. According to latest Bangladesh Bank (BB) figures, the country's scheduled banks disbursed Tk 274. 80 billion worth of farm credit dur
Bangladesh’s ongoing energy crisis may ease temporarily, but it cannot be fully resolved without a decisive shift to renewable energy, said the Centre for Policy Dialogue (CPD) on Monday. “We must think beyond fossil fuels,” CPD Research Director Dr Khondaker Moazzem said at
Foreign direct investment (FDI) in Bangladesh has declined over the last five years but is expected to start recovering from 2025. However, the current volume is about US$1.77 billion, which is still lower than the 2019 level. Experts say Bangladesh has improved in many investment areas, but it n
Commerce Minister Khandaker Abdul Muktadir on Sunday invited Switzerland to invest in Bangladesh's service sector to strengthen relations between the two countries. He also asked the Swiss government to support Bangladesh's request for a three-year extension in its LDC graduation process. The iss
Bangladesh can increase its tax revenue from the current level of less than 7 per cent of GDP to around 15 per cent without raising tax rates by ensuring transparency, accountability and greater efficiency in tax administration, experts and economists said. They stressed the need for urgent reform
Islamic banks in Bangladesh posted moderate year-on-year growth in deposits and investments in February 2026, with deposits rising 9.27 per cent to Tk 4.76 trillion and investments increasing 11.38 per cent to Tk 5.88 trillion, indicating a gradual return of confidence in the sector. However, mont
Reinstating the package-VAT system to bring marginal businesses under the tax net is now under active consideration of the government, as compliance with the existing value-added-tax regime remains weak, sources say. Officials at the National Board of Revenue (NBR) say the move is being made targe
Bangladesh can improve its livestock and dairy production by adopting Brazilian technology and through knowledge transfer, as the South American country boosted its production manifold over the last four decades, experts say. At the end of 2024, Brazil solidified its status as a global agricultu
