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September 13th, 2011
$25m ADB Fund for Digital Tax, land management

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The government and the Asian Development Bank (ADB) on Sunday signed an agreement for $25 million in soft loan to improve governance and service delivery in tax collection and land record management. Musharraf Hossain Bhuiyan, secretary to the Economic Relations Division (ERD), and Thevakumar Kandiah, Country Director of ADB’s Bangladesh Resident Mission, inked the deal at ERD conference room. An ADB press release said a technical assistance grant of $800,000 is associated with the loan supporting implementation of the Strengthening Governance Management Project (SGMP), and capacity development of its executing agencies. It also said, the project will help two government agencies–National Board of Revenue (NBR) and Department of Land Records and Survey (DLRS), to introduce online filing of tax returns, and digitized land records management system respectively. Read More