The IMF has mandated stricter conditions for Bangladesh, demanding a 0.6-per cent rise in the tax-to-GDP ratio for FY25 before the disbursement of the fourth tranche of its loan.
National Board of Revenue (NBR) officials sought a reduction in the tax target from IMF, requesting a 0.4-per cent rise.
The IMF agreed, but added an extra 0.2 per-cent as NBR failed to meet the last fiscal’s targets.