Govt may face Tk 82,000 crore revenue shortfall in FY24: CPD

Dailyearth

Center for Policy Dialogue (CPD) on Saturday said that the government

would face revenue shortfall of Tk 82,000 crore in the current FY 24.
It made the calculation against the backdrop of revenue mobilisation

growth at 11.4 per cent in the first six months of FY24 against the target

of 37.3 per cent.
The National Board of Revenue will require 58.1 per cent growth in the

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remaining six months to achieve the target, said CPD executive director

Fahmida Khatun on Saturday while presenting the proposals ahead of the next national budget in the capital.
The CPD executive director called the current year as the appropriate time for taking the resolute stance on the much-needed reform in the financial sector and other institutions since it is the first year of yet another term for the current political regime.
‘But it’s up to the government whether it will hold reforms or not,’ she said.
‘Nobody likes reform’, she said, adding that a resolute stance was needed for the successful reforms to overcome the persisting macroeconomic downturn putting the country’s macroeconomy on a crossroad for the almost past two years.

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