The first budget under the newly elected BNP government sets ambitious revenue targets that may prove difficult to achieve, given the country’s persistent constraints in tax collection and uneven progress in implementing reforms, according to Fitch Ratings.
In a report today, the ratings agency said the budget for financial year 2026-27 aims to raise the revenue-to-GDP ratio to 10.2 percent from around 8 percent in FY26. If achieved, it would mark Bangladesh’s highest ratio since 1993.