IMF and revenue administration

By Sarkar MA Quader, Kakrail, Dhaka
28 January 2006, 18:00 PM
Since the liberation of Bangladesh, the role of the IMF in our development efforts cannot be ignored. Recently, the IMF has undertaken proper measures for Reforms In Revenue Administration (RIRA) in Bangladesh. But it is a matter of great regret that the government officials are not cooperating with the IMF in this respect. This stands as a great hindrance to bumper collection of revenue of the state and goes against the interests of both the IMF and the Republic.

As the situation is not conducive for bumper collection and the budget has been enhanced, it would be wise for the government to hand over the Dhaka Taxes Zone-2 to the IMF to convert it into a fully-fledged project of it, defying the exclusive interests of the civil servants. It is certain that the project of the IMF would be able to exceed the target within the remaining 5 (five) months of the current fiscal year.