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Bangladesh misses FY26 revenue target despite 15.54% growth in collections

A Tk 17,219 crore gap exposes fiscal challenges despite strong growth. Can reforms and digitalization bridge the revenue shortfall?

In this image I can see few coins.
In this image I can see few coins.

Bangladesh misses FY26 revenue target despite 15.54% growth in collections

Bangladesh’s revenue collection in the first four months of the financial year 2025-26 reached Tk 119,478 crore. This figure, however, fell short of the target by Tk 17,219.97 crore. Growth in collections was driven mainly by indirect taxes, which outperformed direct sources during July-October 2025.

The National Board of Revenue (NBR) had set an ambitious target of Tk 4,99,000 crore for the first half of FY26. This amount represents about 8% of Bangladesh’s total GDP. Despite the shortfall, overall revenue collection grew by 15.54% compared to the same period last year, reaching Tk 103,409.17 crore.

The revenue shortfall highlights ongoing challenges in meeting fiscal targets. While indirect taxes have shown strong growth, structural reforms may be needed to boost direct tax collections. The government’s focus on digitalisation and governance could play a key role in narrowing the gap in future months.

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