Far from offering a roadmap out of the grip of inflation, the budget delivers little reprieve for ordinary citizens. Economists also consider the targets he has set for revenue collection and private sector investment to be “ambitious” numbers. To implement the budget, the IMF had advised setting a revenue collection target of Tk 5.8 trillion for the new fiscal year. Thus, the NBR’s tax collection target is surging by over 7.66 percent. Because, although expenditures have been reduced, the revenue collection target has not been lowered and instead it has been increased.
