---

The government is moving swiftly to split the National Board of Revenue (NBR) into two separate entities, aiming to complete major steps in the restructuring process by the end of the year.

Speaking to reporters after a meeting of the Cabinet Committee on Government Purchase on Wednesday, Finance Adviser Dr. Salehuddin Ahmed confirmed the government’s commitment to the reform.

“We’ve already completed some immediate tasks,” he said. “Others, like the Bank Resolution Ordinance, will take more time. As for the NBR, we’re planning to amend the existing ordinance, and we expect to achieve meaningful progress by December.”

In May, the government issued an ordinance to bifurcate the NBR, which currently oversees tax and customs administration. The decision, however, drew criticism from within the civil service, particularly from officers of the BCS (Taxation) and BCS (Customs) cadres, who argued the move would diminish their authority and benefits.

To address these concerns, the government is now working on a revised ordinance that would officially convert the NBR into two autonomous divisions.

On US Tariffs: “Not Reassuring”

When asked about the recent tariff measures imposed by the United States, Dr. Salehuddin said the outcome was less than ideal.

“It would have been better if the US had set slightly lower tariffs. What they’ve done is acceptable, but I wouldn’t call it reassuring. Ideally, there should have been no retaliatory tariffs at all,” he stated.

He added that a formal agreement with the US is still pending. “Once signed, we’ll evaluate areas where tariff reductions are necessary and assess which imports we need to accommodate,” he said.

Economic Outlook: Crisis Averted, Challenges Remain

Commenting on the broader macroeconomic scenario, Dr. Salehuddin noted that Bangladesh’s economy has rebounded from a near-collapse.

“The crisis was severe, but we’ve returned to a relatively stable footing. Still, significant challenges remain—especially in tackling inflation, boosting employment, resolving energy issues, and managing tariffs,” he said.

He identified the restoration of business confidence and revival of commercial activity as key priorities moving forward.

Election Funding Not a Concern

On concerns about funding the upcoming general election, the Finance Adviser dismissed any financial constraints.

“The funds required for the election will be made available. There’s no issue on that front,” he assured.