• Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Monday, March 23, 2026
Daily The Business
  • Login
No Result
View All Result
DTB
No Result
View All Result
DTB

Bangladesh launches fresh reform bid

June 2, 2025
in Markets
Bangladesh launches fresh reform bid
Share on FacebookShare on TwitterWhatsapp

DHAKA: Bangladesh’s caretaker government launched a fresh bid on Monday to seek agreement between rival political parties on critical democratic reforms after a mass uprising last year.

The South Asian nation of around 170 million people has been in political turmoil since former prime minister Sheikh Hasina was ousted by a student-led revolt in August 2024, ending her iron-fisted rule of 15 years.

The National Consensus Commission is headed by Muhammad Yunus, the 84-year-old Nobel Peace Prize winner who is leading the caretaker government as its chief adviser until elections are held.

“Let’s not miss this opportunity”, Yunus said in a speech at the opening as a second round of meetings began. “The remaining differences can be narrowed”.

Bangladesh top court restores Jamaat-e-Islami

Last month the consensus commission said political parties had failed to reach agreement.

Yunus has previously said he inherited a “completely broken down” system of public administration, and said it required a comprehensive overhaul to prevent a future return to authoritarian rule.

He set up six commissions to do that work, overseen by the consensus commission, which he heads.

On May 26, Ali Riaz, the commission’s vice president, said that despite marathon efforts – stretching over 45 sessions with 38 political parties and alliances – they had not reached a deal in the first round.

Several political parties, especially the powerful Bangladesh Nationalist Party (BNP) have demanded an election date be set.

Salahuddin Ahmed, a senior BNP leader, last week said there was growing impatience at the pace of progress made by the reform commission.

“How many times do they want to stage the drama of reforms?” he said. “A first launch, followed by a second… This is nothing but dancing with bananas”.

Contentious issues include whether a prime minister can serve more than two terms, and the process for selecting the president.

Hasina’s rule saw widespread human rights abuses, and her government was accused of politicising courts and the civil service, as well as staging lopsided elections to dismantle democratic checks.

Yunus has said polls could be held as early as December but that holding them later – with the deadline of June 2026 – would give the government more time for reform.

Tags: BangladeshMuhammad Yunus
Share15Tweet10Send
Previous Post

US stocks retreat on heightened tariff tensions

Next Post

Two teams to present Pakistan’s perspective to world on recent Indian aggression: FO

Related Posts

Indian shares set for weak start as oil-led selling grips Asian markets
Markets

Indian shares set for weak start as oil-led selling grips Asian markets

March 23, 2026
PL on high-octane fuel hiked by Rs200/litre
Markets

PL on high-octane fuel hiked by Rs200/litre

March 23, 2026
Weekly Cotton Review: Prices jump sharply amid ME crisis
Markets

Weekly Cotton Review: Prices jump sharply amid ME crisis

March 23, 2026
LESCO falls short of mandatory targets: Nepra
Markets

LESCO falls short of mandatory targets: Nepra

March 23, 2026
Oil prices to rise further on Monday as Mideast war escalates
Markets

Oil prices to rise further on Monday as Mideast war escalates

March 23, 2026
Iran to completely close Hormuz if Trump executes threats on Iranian energy, Revolutionary Guards say
Markets

Iran to completely close Hormuz if Trump executes threats on Iranian energy, Revolutionary Guards say

March 22, 2026

Popular Post

  • FRSHAR Mail

    FRSHAR Mail set to redefine secure communication, data privacy

    127 shares
    Share 51 Tweet 32
  • How to avoid buyer’s remorse when raising venture capital

    33 shares
    Share 337 Tweet 211
  • Microsoft to pay off cloud industry group to end EU antitrust complaint

    55 shares
    Share 22 Tweet 14
  • Capacity utilisation of Pakistan’s cement industry drops to lowest on record

    49 shares
    Share 20 Tweet 12
  • Inflation is down in Europe. But the European Central Bank is in no hurry to make more rate cuts

    49 shares
    Share 20 Tweet 12
American Dollar Exchange Rate
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Write us: info@dailythebusiness.com

© 2021 Daily The Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy

© 2021 Daily The Business

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.