government spending

Cut expenses since tax receipts won’t go up overnight

In Bangladesh, the tax-to-gross domestic product (GDP) ratio is not growing. Rather, the ratio is declining. Today, the country has one of the lowest tax-to-GDP ratios in the world.

May 26, 2024
May 26, 2024

Cut expenses since tax receipts won’t go up overnight

In Bangladesh, the tax-to-gross domestic product (GDP) ratio is not growing. Rather, the ratio is declining. Today, the country has one of the lowest tax-to-GDP ratios in the world.

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