Dhaka, August 8, 2025 – The interim government, led by Nobel Laureate Professor Muhammad Yunus, celebrated its first year in office today, having assumed power on August 8, 2024, following a historic public uprising that ousted the Sheikh Hasina regime on August 5, 2024. The uprising, fueled by widespread student and public mobilization, came at a significant human cost, with numerous casualties and injuries reported during nationwide protests.
Despite a challenging transition, the Yunus-led administration has achieved notable successes in electoral reform, governance, press freedom, economic stabilization, judicial independence, and law enforcement improvements, alongside ensuring justice for the victims of the mass uprising.
**Key Achievements Over the Past Year**
1. **Restoration of Peace and Stability**: The government restored order post-uprising, preventing chaos and revenge cycles. Prof. Yunus’s leadership has guided the nation toward reconciliation and democratic renewal.
2. **Economic Revival**: The administration reduced food inflation from 14% to nearly half, with overall inflation dropping to 8.48%—the lowest in 35 months. Record remittances of US$30.33 billion, a 9% export growth, and a strengthened Taka against the dollar mark significant economic progress. Foreign exchange reserves have increased despite paying US$4 billion in foreign debt.
3. **Trade and Investment**: Successful trade tariff negotiations with the US, a US$250 million textile investment by Handa Group creating 25,000 jobs, and doubled FDI flows highlight Bangladesh’s growing global economic appeal.
4. **Democratic Reforms and July Charter**: The government formed multiple reform commissions, including those for electoral, judicial, police, and anti-corruption reforms. The historic July Charter, finalized with consensus from over 30 political parties, aims to ensure institutional accountability and prevent authoritarianism.
5. **Justice for July Uprising**: Transparent trials for crimes against humanity committed during the uprising are underway, including the trial of former Prime Minister Sheikh Hasina.
6. **Election Roadmap**: The government has set February 2026 for national elections, with preparations underway to ensure a free, fair, and inclusive process. The Election Commission will announce the election schedule in December 2025.
7. **Institutional and Legal Reforms**: The judiciary has been strengthened, police reforms include human rights cells and bodycams, and legal changes ensure arrestee rights. The repressive Cyber Security Act was repealed, guaranteeing press freedom and internet access as a fundamental right.
8. **Foreign Policy Shift**: Bangladesh adopted a balanced, multipolar foreign policy, enhancing ties with the US, China, EU, and others, while pushing for SAARC revival and ASEAN membership.
9. **Expatriate and Labor Rights**: Resumption of UAE visas, Malaysia’s multiple-entry visas, and plans to send 100,000 youth to Japan are among the initiatives to support expatriate workers.
10. **Support for Martyrs and Injured**: The government allocated Taka 1 billion to 775 martyrs’ families and Taka 1.53 billion to 13,800 injured individuals, with advanced medical treatment provided abroad for the severely wounded.
11. **Maritime and Infrastructure Development**: The Bay of Bengal has been declared a core resource for a water-based economy, with improvements to Chattogram Port and deep-sea fisheries projects.
12. **July Memorial Museum and Foundation**: Ganabhaban is being transformed into the July Mass Uprising Memorial Museum to preserve the uprising’s legacy. The July Shaheed Smrity Foundation supports martyrs’ families and injured revolutionaries with healthcare and financial aid.
On August 5, 2025, marking the Mass Uprising Day, Prof. Yunus announced the February 2026 election timeline and inspected the museum’s construction. He expressed optimism about reducing food inflation to 6% by December and highlighted the stabilization of markets and forex reserves as key successes.
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