State of the Bangladesh Economy in FY2021-22
Independent Review of
RBD
Bangladesh's Development
Macroeconomic Management
□ Despite exhibiting improved performance of NBR revenue
collection compared to the previous fiscal year, the annual
revenue mobilisation target remains challenging!
➤ During the Jul-Oct FY22, NBR revenue mobilisation rose by 16.6%
however, growth is much lower than the annual target set by the national
budget.
✓ Need to grow by 30.7% for the remainder of the fiscal year to attain the
annual growth target of 27.0% - which is a highly daunting task!
Particulars
NBR Revenue Collection during Jul-Oct FY22
Growth (in %)
Target FY22
over actual
Jul-Oct Jul-Oct FY22
FY21
Required
growth Nov-Jun
FY21
FY22
Indirect taxes at import and
24.0
5.4
21.3
25.0
export level
Indirect taxes at local level
32.2
0.9
14.7
38.4
Income and travel tax
23.8
5.0
14.1
26.9
Total
27.0
3.5
16.6
30.7
CPD (2021): State of the Bangladesh Economy in FY2021-22 (First Reading)
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