State of the Bangladesh Economy in FY2023-24 (First Reading)
Independent Review of
RBD
Bangladesh's Development
Recommendations for the upcoming medium and long term revenue
strategy (MLTRS)
Recommendations for medium and long term revenue strategy (MLTRS) -
currently being developed and to be adopted by June 2024
> Prioritise the unfinished agenda
> Recognise the frontier issues of taxation, such as meaningfully taxing property
and wealth and the expanding digital economy
➤Improving the data ecosystem
Uphold the curbing illicit financial flow (IFF) agenda
> Emphasise digitalisation of the entire revenue system
> Define the scope of MLTRS beyond the remit of NBR tax
➤ Assess economy-wide implications and equity concerns of MLTRS and learn from
the past experience of implementing similar strategies
➤ Ensure openness, transparency and stakeholder participation
Adoption of MLTRS will indeed require political buy-in not only from high-level policymaking but
also from the operational level
Review public expenditure and formulate a strategy to ensure value for public money
CPD (2023): State of the Bangladesh Economy in FY2023-24 (First Reading)
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