CPD for exploring new revenue sources
DHAKA, May 27, 2025 (BSS) – Centre for Policy Dialogue (CPD) today laid emphasis on exploring new revenue sources, enhancing efficiency in existing collection mechanisms and sealing leakages to mobilise additional public resources.
The private think tank observed that in the upcoming fiscal year, the focus should be on strengthening institutions, improving governance frameworks and ensuring transparency and accountability in policy implementation.
Only with visible and bold reforms can Bangladesh’s economy build resilience, attract investment and sustain inclusive growth in the years ahead, CPD opined.
The think tank made the observation at a media briefing on ‘State of the Bangladesh Economy in FY24-25 (Third Reading)’ at the CPD office in the city.
“The government has initiated several reform measures recently, including separating the National Board of Revenue into two departments – the Revenue Policy and Revenue Management – to improve revenue collection and efficiency, alongside measures aimed at enhancing stock market performance and attracting FDI,” said Dr Fahmida Khatun, executive director of the CPD.
Additionally, she said, steps have been taken to address the structural weaknesses in the banking sector, aiming to improve governance and resilience.
Fahmida, however, urged the authorities concerned to control money supply growth to curb inflation and ensure monetary expansion is aligned with real economic activity.
She laid emphasis on implementation of reforms to improve loan sanctioning, enforce single borrower exposure limits, halt repeated loan rescheduling and strengthen internal controls in troubled banks.
“We should boost productivity, upgrade value addition, reinforce backward and forward linkages and diversify products and markets to improve the competitiveness of Bangladesh’s RMG exports,” she said.
She also underscored the need for accelerating BSEC’s decision-making and ensuring the timely execution of recommendations from the forthcoming task force.
Fahmida urged the government to prioritise domestic gas exploration and invest in renewable energy to reduce import dependency and enhance energy security.
CPD Distinguished Fellow Dr. Mustafizur Rahman, among others, spoke on the occasion.