Bangladesh’s financial year 2027 (FY27, to June 2027) budget, the first of the newly elected government, sets revenue targets that look challenging to achieve in light of the country’s weak record on tax mobilisation and reform implementation, says Fitch Ratings. The budget aims to raise the revenue-to-GDP ratio to 10.2%, from about 8% in FY26, which would be the highest since 1993. [....]