Dhaka, June 16 -- Global rating agency Fitch Ratings on Tuesday said that achieving the revenue target outlined in Bangladesh's proposed national budget for the fiscal year FY2026-27 will be highly challenging and risks being derailed by structural weaknesses.

According to a fresh commentary published by the international credit rating agency, the country's long-standing weaknesses in tax collection combined with slow reform implementation present significant downside risks to hitting the projected fiscal milestones.

The report noted that the new budget aims to elevate Bangladesh's revenue-to-GDP ratio to 10.2 percent, up from approximately 8 percent estimated for the outgoing fiscal year 2025-26. If fully realized, this would mark the ...