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Country News
Bangladesh becoming next global investment destination: Khosru
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DHAKA, May 18, 2026 (BSS) – Finance and Planning Minister Amir Khosru Mahmud Chowdhury today said Bangladesh is steadily emerging as the next major investment destination due to the government’s reform initiatives, leadership commitment, rapid decision-making and ambitious development agenda.
Speaking at a press briefing after the day’s National Economic Council (NEC) meeting, the minister said the government’s Taka 3,00,000 crore Annual Development Programme (ADP) has been designed to pull the economy out of fragility through large-scale investments and employment generation.
“If aspirations are not high, development cannot move forward,” he said while responding to questions on whether the fresh ADP is overly ambitious.
“To move forward from the setbacks and stagnation of previous years, investment is essential. Without investment there will be no growth, no employment and no development,” he added.
The minister said the government remains confident about implementing the large development budget because of stronger political commitment and administrative efficiency under an elected government.
“This is a matter of commitment. We have already shown within three months that we can take decisions quickly and implement them,” he said.
Explaining why the government opted for a large ADP despite inheriting a fragile economy, the minister used the analogy of a tube-well.
“When the water level in a tube-well goes down, water has to be poured into it before water starts flowing again.
Likewise, without injecting investment, there is no way to recover from a fragile economy,” he said.
The minister said the government’s economic strategy is already generating positive responses from international investors and financial institutions.
“Global investors, fund managers and international institutions are now closely following Bangladesh,” he said.
Referring to recent discussions with foreign investors, he said officials from JP Morgan informed the government that they were interested in Bangladesh because of the direction of the country’s readership.
“They told us they operate in 66 countries but are coming to Bangladesh because they are observing where Bangladesh’s leadership is heading,” he said.
The minister said investors are being attracted by the leadership’s commitment, dynamism and fast-paced decision-making process.
“Investors are coming because they see commitment, dynamism and quick decision-making. Bangladesh is becoming acceptable to the world as the next investment destination,” he said.
Replying to a question on revenue mobilisation, the minister acknowledged that Bangladesh’s tax-GDP ratio remains among the lowest in the world.
“That situation cannot continue if we want to become a stronger economy,” he said.
He said the government is implementing reform programmes in the National Board of Revenue (NBR) and expanding the tax network to bring more people under the tax system.
“For many years, the same taxpayers have carried the burden while the network did not expand. We are now widening the network,” he said.
The minister said bringing more people into the tax net would eventually benefit citizens through better public services and social protection.
“This is an elected government. Earlier, benefits went into a few pockets. Now the benefits will go to the people of Bangladesh,” he said.
He also defended increased allocations for social protection and targeted assistance programmes, saying different support schemes serve different groups.
“A farmer receiving a farmer card is not the same person receiving a family card. These are targeted programmes designed for different beneficiaries,” he said.
The minister reiterated that the government’s development strategy would focus on employment generation, human resource development, healthcare, technical education and climate resilience to ensure sustainable long-term growth.
Step to Humanity Bangladesh Emphasizes Upholding Rule of Law and Human Rights During Independence Day Discussion
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Step to Humanity Bangladesh Emphasizes Upholding Rule of Law and Human Rights During Independence Day Discussion
On the occasion of the Great Independence and National Day 2026, a virtual discussion meeting organized by Step to Humanity Bangladesh was held in Dhaka on the night of Saturday, March 28. During the event, special emphasis was placed on establishing the rule of law, upholding human rights, and strengthening democratic values within the country.
Delivering the keynote address as the chief guest was veteran expatriate journalist, writer, and freedom fighter Delwar Jahid. He paid deep homage to all the heroic martyrs of the Liberation War and expressed his hope that their sacrifices and tales of valor would remain forever indelible in the nation's history.
Delwar Jahid observed that recent shifts in the country's political landscape—coupled with various untoward incidents involving violence, killings, looting, rape, and arson—have placed unprecedented pressure on the law and order situation. He noted that a deficit in responsibility and accountability is tarnishing the country's image in the international arena. He further stated that the united initiatives of human rights organizations, coordinated activities, and the active participation of a conscious civil society could assist the government in addressing this situation and play a pivotal role in restoring stability to the nation.
Participating in the discussion, Dr. Anwar Jahid—Registrar of Pundra University in Bogura and former Director of the Bangladesh Academy for Rural Development (BARD)—recommended adopting various organizational measures to expand the activities of Step to Humanity Bangladesh to the grassroots level. He placed particular emphasis on inspiring the younger generation with the ideals of human rights and democratic values.
The event was presided over by Dr. Kamrul Hasan—son of martyred intellectual Principal Sadik, former Director of the Bangladesh Academy for Rural Development (BARD), and President of Step to Humanity Bangladesh.
Other participants in the discussion included journalist Khairul Ahsan Manik (UNB), Vice President of Step to Humanity Bangladesh; journalist Sajjad Hossain (BSS), son of a freedom fighter; Firoz Mia, Editor of *Daily Bhorer Suryoday*; women's rights activist Nasima Akter, former Director of the Bangladesh Academy for Rural Development; and journalist Shamsul Habib (*Jugantor*). Saifur Hasan, Cyber Security Officer; expatriate businessman Shakhawat Iqbal; and Engineer Ivana Hossain.
The speakers expressed their resolve to work collectively—upholding the spirit of the Liberation War—to establish human rights, democracy, and the rule of law, and called for further expansion of the activities of 'Step to Humanity Bangladesh'.
The event was moderated by Engineer Ivana Hossain.
The interim government is on the path of silencing and depoliticizing the media - party-free elections are the only goal.
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The interim government is on the path of silencing and depoliticizing the media - party-free elections are the only goal.
Delwar Zahid
In recent weeks, Bangladesh's interim government has taken alarming steps to stifle independent journalism and remove politics from public discourse. Only a free, fair, and transparent electoral process will restore public confidence as the nation prepares for the upcoming elections. This is essential to prevent the erosion of democratic values and ensure that citizens can freely express their voices in determining the country's future.
BNP's stance towards democratic process and national legacy
The Bangladesh Nationalist Party (BNP) has shown awareness of the precarious situation facing the country's democracy. Although the student-led protests have changed public sentiment, the underlying issues have not been resolved. BNP Secretary General Mirza Fakhrul Islam Alamgir, supported by leaders like Mirza Abbas, insisted that invoking the concept of a "second independence" under a Ziaur Rahman-style figure undermined the true legacy of the nation's liberation war. BNP leaders have rightly warned the interim government of the danger of dishonoring Bangladesh's historic freedom struggle.
Furthermore, Abbas spoke of the need to press for transparent elections. He warned that the people would not tolerate an unelected, extended government without a clear commitment to democratic principles. He called for dismissing politically motivated cases against opposition leaders as a gesture of justice and fairness. This move demonstrates the BNP's commitment to upholding democratic integrity and unity in Bangladesh and sends a critical message about the consequences of their stance on the erosion of the democratic process.
Increasing mob violence and the role of the interim government
On August 5, calls were made to counter the growing wave of mob violence across the country. Born out of demands for free speech and equality, the so-called "mass uprising" has turned into aggressive protests driven by fear and intimidation. From protests over test results to violent demands for change in judicial and political leadership, Bangladesh has witnessed an alarming shift towards Janata rule. This pattern of violence, supported by hidden agendas within the current government, is particularly troubling because it reflects a breakdown in order.
While the violence is widespread even in educational institutions - where incidents of harassment against teachers and students continue - the administration has shown limited response. Instead, student groups operate under the guise of maintaining security, furthering a culture of fear. Such violent disruptions have intensified calls for a responsible government response, possibly including deploying external security forces, to restore order. Without such intervention, the upcoming elections will risk instability and intimidation, undermining public confidence.
Editors' Council: Defending Press Freedom
Bangladesh Editors' Council has expressed deep concern about press freedom. Despite the government's commitment to protect journalistic freedom, newspapers face significant intimidation. Prothom Alo and the Daily Star, prominent newspapers, have faced threats, protests, and calls for increased security, revealing the severity of the current climate.
The Council condemned what it described as "mob trials," where groups try to intimidate and silence media outlets. Such tactics are not only an insult to journalism but also a direct attack on democratic principles. In an urgent appeal, the editorial board called on the government to intervene and ensure that the media can operate freely. They insist that disagreements with the press should be resolved through debate, not threats, violence, or coercion. The Council's position is clear: a commitment to press freedom is essential to upholding democratic values.
The President (Writer) of Bangladesh North American Journalists Network has called for an international investigation into the allegations of physical abuse and remand by showing arrests in various lawsuits, including mass cancellation of accreditation cards of professional journalists and murder cases of journalists without following the conventional legal process.
Upholding the core features of modern governance: At its core, a modern government should be defined by transparency, accountability, and respect for the rule of law. Effective management requires a system prioritizing public service delivery, open communication, and adaptable policies. Governments that embrace these qualities can maintain public confidence, provide stability, and increase resilience to challenges. Bangladesh's interim government must adopt these policies to gain legitimacy, especially in the upcoming elections, where the people demand an administration that represents them.
As Bangladesh navigates these tumultuous times, the interim government must adhere to democratic values, particularly by ensuring an environment where the media can operate freely, without opposition.
Bangladesh is at a dangerous crossroads. Endless conflict or long-term stability—what is the nation's destiny? An interview with freedom fighter and human rights advocate Delwar Jahid.
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Bangladesh is at a dangerous crossroads. Endless conflict or long-term stability—what is the nation's destiny?
An interview with freedom fighter and human rights advocate Delwar Jahid.
Delwar Jahid, a Canadian of Bangladeshi origin, is a political scientist, human rights lawyer, and journalist. He is a senior research fellow at several universities and a distinguished sociologist with links to European media and academia. Since 2003, Zahid has worked at St. Paul's College, University of Manitoba, and Professor Dr. Dean E. co-founded the Canadian Conflict Resolution Network with Peachey. His notable research, "Arbitration - The Rural Mediation of Bangladesh," has been referenced in international publications, and he has long been an advocate for transitional justice and human rights reform in Bangladesh, contributing to the movement alongside such notables as Father RW Timm and Justice Kamal Uddin Hussain. He is the President of the Bangladesh North American Journalists Network and serves on the board of directors of the John Howard Society of Manitoba, Canada. In this interview, he shares his insights on the recent student-led movement in Bangladesh, the role of the interim government, and the implications for peace and stability in the region.
Q: Can you briefly describe the student-political landscape in Bangladesh leading up to the August 5 Revolution? What grievances mobilized the people, and what could this mean for the country's future?
Delwar Jahid: Bangladesh's July-August 2024 student movement is an unprecedented blow to equality. What began as an anti-quota student movement—an apolitical front formed by students demanding quota reforms—quickly became a broad non-cooperation movement that eventually gained the support of various political parties. This wave of activism catalyzed significant changes, including pressure on Prime Minister Sheikh Hasina, who eventually left the country.
The movement aims to advance fairness and justice in educational institutions. At its core, it seeks to eliminate all forms of discrimination, ensuring equal opportunities for students regardless of background. Students have taken a strong stand against racism, sexism, and various forms of prejudice, using mass protests to voice their demands. The change on August 5 represents a push for immediate reforms and a shift towards lasting social transformation in Bangladesh, with equality for all students as a central principle.
Question: What was the constitutional framework when the interim government assumed power with the recent political changes?
Delwar Jahid: Bangladesh is constitutionally constituted as a parliamentary democracy, which sets out a clear hierarchy and process for governance. The President is the ceremonial head of state, elected every five years by the Jatiya Sangsad (National Parliament). At the same time, the Prime Minister – appointed by the President – is the executive leader and head of government. This framework outlines checks and balances across branches, yet rapid political changes raise critical questions about stability.
During the transition, more clarity was needed about how constitutional norms were maintained, particularly the role of interim and executive powers. Going forward, the future of this transitional governance structure will likely depend on its commitment to open governance, reforms, and upholding democratic principles.
Legal experts are skeptical about the legitimacy of Yunus's government under Bangladesh's existing legal framework. The constitution of the People's Republic of Bangladesh, promulgated in 1972, must be strictly adhered to to form any government in Bangladesh. This constitution sets out clear procedures for ensuring legitimacy, democratic values, and the rule of law that reflects the people's will—steps that seem to have been ignored in this instance. Amid growing political unrest, questions surrounding the legitimacy of this government have intensified.
Historically, in times of political crisis, Bangladesh has appointed caretaker governments to oversee elections. However, the system was abolished in 2011 through the 15th Amendment, a controversial move contested by many political parties calling for its reinstatement. Attempts to establish government authority outside this constitutional framework undermine Bangladesh's democratic principles.
Recent Political Reaction:
BNP Secretary General Mirza Fakhrul Islam Alamgir (September 22, 2024) strongly criticized the approach of the interim government. He questioned the government's legitimacy, claiming it was detached from the people, noting that "no reform is sustainable without the participation of the people." Fakhrul argued that banning student politics would primarily benefit the "powers of darkness" and suggested that the government consult political leaders to gauge public sentiment on governance reforms. On September 21, Fakhrul described the interim government as lacking the "revolutionary" government drive necessary to bring about meaningful change and stressed that "the will of the people must be taken into account."
On October 31, Sajib Wazed Joy, chief adviser to the interim government, published a critical Facebook post targeting Muhammad Yunus, accusing him of a "power grab" and describing him as "Bangladesh's biggest fascist." Joy insisted that the Awami League, Bangladesh's oldest and largest political party, would not be undermined or banned. He criticized Yunus's government for alleged restrictions on media freedom, drawing parallels with past authoritarian regimes.
Way Ahead --- This government's future legitimacy is uncertain, plagued by political fragmentation and governance instability. Concerns persist over human rights abuses, restrictions on media freedom, and the possible resettlement of anti-independence figures. Meanwhile, proposed changes to the national anthem, flag, and constitutional principles in the name of reform are adding fuel to the ongoing political fire. The government's ability to move the country forward remains questioned as it grapples with growing opposition and unresolved legitimacy issues.
In conclusion, the current political environment in Bangladesh highlights deep-seated concerns about regime legitimacy, constitutional loyalty, and the role of public participation in shaping the country's future. Legal experts and political leaders have raised critical questions about the legitimacy of Yunus' interim government, especially in light of constitutional requirements and recent political upheavals. As the country grapples with these issues, calls for genuine democratic engagement and a return to constitutional principles grow louder. This period is likely to prove crucial for Bangladesh, as its leaders face the challenging but essential task of reconciling political divisions, respecting democratic norms, and prioritizing people's will. How the government chooses to navigate this path will define its legacy and the future trajectory of democracy in Bangladesh.
Interviewer M. Rahman
- Additional Resources:
- Additional Resources:
- Agro-Ocean
- Bangabandhu Development and Research Institute
- Bangladesh North American Journalists Network
- Bangladesh Heritage and Ethnic Society of Alberta (BHESA)
- Coastal 19
- Delwar Jahid's Biography
- Diverse Edmonton
- Doinik Ekattorer Chetona
- Dr. Anwar Zahid
- Edmonton Oaths
- Mahinur Jahid Memorial Foundation (MJMF)
- Motherlanguage Day in Canada
- Samajkantha News
- Step to Humanity Bangladesh







