Business & Economy
Titumir prioritises bank reform and revenue without higher tax rates
Prime minister’s adviser Rashed Al Mahmud Titumir says the government wants stronger revenue collection without higher tax rates, alongside bank reform and social protection. Speaking in Rajbari on 21 October, he linked weak private investment and higher energy costs to pressure on employment and household finances.
এই খবরটি আপাতত ইংরেজিতে পড়ুন
From 22 October 2026 — Daily Brief
22 OCT 2026 · 14/25
The government wants to increase revenue without raising tax rates while restoring discipline in the banking sector, the prime minister’s finance and planning adviser said on 21 October.
Rashed Al Mahmud Titumir set out those priorities at a briefing with journalists in Rajbari. He said weak private investment was worsening employment pressures, while higher energy costs linked to the Middle East crisis were adding to difficulties for households and businesses.
The adviser said living costs had forced people to use savings or borrow to meet everyday expenses. He presented stronger social protection as another part of the government’s response, referring to Family Cards and Farmer Cards intended to ease household pressure.
Titumir also argued that debates about international lenders’ growth projections needed to take account of the consequences of failing to reform. Banking discipline and more effective revenue collection were central to the government’s approach, he said.
The remarks outlined policy priorities rather than a newly enacted tax change.