The International Monetary Fund on Monday said that the timely formation of an interim government in Bangladesh had helped stabilise the political and security conditions, fostering a gradual return to normalcy in the economy...
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Formation of interim govt timely: IMF
Staff Correspondent 01 October, 2024, 00:09
The International Monetary Fund on Monday said that the timely formation of an interim government in Bangladesh had helped stabilise the political and security conditions, fostering a gradual return to normalcy in the economy.
It, however, observed that the economic activity had slowed markedly, while inflation remains at double-digit levels, owing to the recent turbulence and major floods.
The IMF made the observation after a mission led by Chris Papageorgiou concluded the weeklong visit in the capital to discuss recent developments and the authorities’ reform priorities.
The deterioration in the balance of payments has put additional pressure on foreign exchange reserves, according to release by IMF on the day.
Concurrently, tax revenue collection has declined, while spending pressures have increased, and domestic payment arrears have accumulated, said the release.
Financial sector vulnerabilities have become more pronounced.
In this context, the authorities and IMF staff have held open and productive discussions on the policies and reforms needed to address these emerging challenges.
‘We support the authorities' efforts to initiate policy adjustments, including continued monetary tightening and rationalising non-priority capital spending, in response to these challenging circumstances,’ said IMF.
It said that within the framework of the ongoing IMF-supported programme, IMF will continue to work closely with the authorities to advance Bangladesh’s reform agenda, which aims to ensure macroeconomic stability, promote job creation, strengthen institutions, and foster strong, sustainable, and equitable growth.
It has been reported that Bangladesh sought $3 billion fresh loan from the IMF in addition to the current $4.7 billion loan progarmme taken by the Hasina regime ousted in a student-led mass uprising.
The IMF has already disbursed around $2.3 billion since 2023.
In it release, IMF said it was deeply saddened by the loss of lives and injuries during the recent mass uprising and stand in solidarity with the people of Bangladesh during these difficult times.
The Ministry of Foreign Affairs has recalled six Bangladesh envoys from six important missions
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Foreign ministry recalls six ambassadors
The Ministry of Foreign Affairs has recalled six Bangladesh envoys from six important missions.
The ministry issued a circular in this regard on Monday and yesterday.
Those recalled include Bangladesh Permanent Representative to the UN in New York Mohammad Abdul Muhith, Ambassador to Belgium Mahbub Hasan Saleh, High Commissioner to India Mustafizur Rahman, High Commissioner to the UK Saida Muna Tasneem, Ambassador to Australia M Allama Siddiky, and Ambassador to Portugal Rejina Ahmed.
They were asked to return to Dhaka immediately.
The letter, signed by Mohammad Nazmul Haque, director general (administration) of the foreign ministry, said all the travel and other benefits will be provided to them as per the rules.
The interim government will hold a dialogue with the major political parties on Saturday to discuss about the six reform commissions and the country’s current law and order situation...
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Bangladesh's interim govt to hold dialogue with political parties on Saturday
Ahammad Foyez 02 October, 2024, 21:44
Chief adviser’s press secretary Shafiqul Alam, centre, speaks at a press briefing, flanked by deputy press secretaries Mohammad Abul Kalam Azad Majumder and Apurba Jahangir, at Foreign Service Academy in Dhaka on Wednesday. | BSS photo
The interim government will hold a dialogue with the major political parties on Saturday to discuss about the six reform commissions and the country’s current law and order situation.
Chief adviser Muhammad Yunus along with other advisers will take part in the dialogue, the chief adviser’s press secretary Shafiqul Alam told reporters at a press conference held at the Foreign Service Academy on Wednesday.
When asked about the duration of the dialogue and whether it would be conducted with all parties on the same day, he replied that the decision to extend the dialogue would be made on the day of the discussion.
Replying to questions about which parties would get the invitation, he said that the major political parties would be invited.
He said that the advisory council previously discussed with the major political parties in two rounds.
Saturday’s dialogue would be continuation of that process, he added.
At the coming dialogue the progress of activities of the six commissions and the overall law and order situation would be discussed, he said, adding that opinions and suggestions of political parties would be taken.
An adviser of the interim government, however, confirmed New Age earlier that the government had a policy decision not to hold any discussion with Awami League and its alliance partners as they were involved in the policymaking process of carrying out the massacre in July and August.
He said that various quarters, including students who organised the July movement, had reservations in having any coordination with Awami League and its allies.
‘As we are a government of a mass uprising, we cannot do anything that go against the spirit of the sacrifice of the people who gave us this victory,’ he said.
The interim government was formed on August 8 after the ouster of the Sheikh Hasina-led Awami League government through a student-led mass uprising on August 5.
After assuming the role of the chief adviser to the interim government, professor Muhammad Yunus held two rounds of dialogue with political parties at his official residence at state guest house Jamuna.
Bangladesh Nationalist Party, Jatiya Party, Bangladesh Jamaat-e-Islami, Islami Andolon Bangladesh and many other political parties took part in the dialogue.
In his address to the nation on September 11, chief adviser Muhammad Yunus announced the formation of six commissions for reforms in the electoral system, police, judiciary, public administration, constitution and the Anti-Corruption Commission.
Badiul Alam Majumder will head the electoral system reform commission; Safar Raz Hossain will head the police reform commission; Justice Shah Abu Naeem Mominur Rahman will head the judiciary reform commission; Iftekharuzzaman will lead the Anti-Corruption Commission reform commission; Abdul Mueed Chowdhury will lead the public administration reform commission; and prominent lawyer Shahdeen Malik was first announced to head the Constitution Reform Commission to be later replaced by professor Ali Riaz.
Press secretary Shafiqul Alam also said that the commissions would likely be formed within two to three days.
He said that the commission chiefs were now working to incorporate other members into commissions, while the work to get the commissions’ offices ready was ongoing.
Earlier on Monday, the interim government advisory council announced that it would hold another round of dialogue with the political parties before the six reform commissions began their work in full swing.
The commissions were supposed to start work from October 1. The formation of six reform commissions, however, has not been gazetted yet.
The government has asked the commissions to complete their work and submit reports by December 31.
The chief adviser’s deputy press secretary Mohammad Abul Kalam Azad Majumder and Apurba Jahangir were also present at the press conference.
Interim government chief adviser Muhammad Yunus would start talks with political parties on reform issues and the current law and order situation today.
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Bangladesh interim govt to begin dialogue with political parties Saturday
Staff Correspondent 05 October, 2024, 00:12
Interim government chief adviser Muhammad Yunus would start talks with political parties on reform issues and the current law and order situation today.
Other advisers will also be present at the talks.
The meeting will highlight the issues of reform from the interim government’s side as it has established six commissions to advance state reforms, five of which have been fully formed with each having one student representative, among other members.
Five of the commissions comprise eight members, including the commission heads, while the police reform commission consists of nine members.
The names of the members of the electoral system, police, judiciary, Anti-Corruption Commission, and public administration reform commissions were announced on Thursday.
According to the chief adviser’s office, the dialogue will kick off today at 2:30pm at his official residence, the State Guest House Jamuna on Hare Road.
The first meeting will be held with the Bangladesh Nationalist Party.
BNP standing committee member Amir Khasru Mahmud Chowdhury told New Age that party secretary general Mirza Fakhrul Islam Alamgir will lead its delegation.
After the BNP, the meeting will be held with Bangladesh Jamaat-e-Islami at 3:00pm, Ganatantra Mancha at 3:30pm, Left Democratic Unity at 4:00pm, Hefazat-e-Islam Bangladesh at 4:30pm, Islami Andolon Bangladesh at 5:00pm, and the last meeting of the first day will take place with AB Party at 5:30pm.
This will be the third round of discussions between the chief adviser and political parties, the previous one of which was held on August 31.
At today’s meeting, the Bangladesh Nationalist Party would suggest that the reform commissions should complete their work as soon as possible, while it should concurrently proceed with the arrangement of holding the next general elections.
‘BNP will share its thoughts that bringing reforms to the constitutional bodies and constitution as well is the responsibilities of an elected parliament, therefore the interim government should make proposals for reforms based on consultation with and consensus of the democratic political parties,’ a BNP standing committee member seeking anonymity told New Age.
He said that the party would also suggest that the government should make administration more functional and restore law and order with effective policing.
‘The interim government will make a mistake if it thinks to hold the election after completing all its planned reforms. They should actually bring speedy reforms to the electoral system, judiciary and public administration, focusing on those reforms that are critical to ensure a fair election,’ he said.
After former prime minister Sheikh Hasina resigned and fled the country in the face of a student-led mass uprising on August 5, Yunus was sworn in as the chief adviser to the interim government on August 8.
In his speech to the nation on October 1, Yunus announced the formation of six reform commissions.
Political observers and analysts in Bangladesh and abroad said that dysfunction in Bangladesh’s interim government would considerably boost the chances of Sheikh Hasina’s...
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Failure of interim govt would increase chances of Hasina’s return: Time
New Age Desk 03 October, 2024, 20:01
Sheikh Hasina | AFP file photo
Political observers and analysts in Bangladesh and abroad said that dysfunction in Bangladesh’s interim government would considerably boost the chances of Sheikh Hasina’s participation in elections, according to a US-based Time Magazine report published on Thursday.
According to Time, a return for Hasina ‘is quite credible,’ says Michael Kugelman, director of the South Asia Institute at the Wilson Center. ‘If you look at the history of dynastic politics in South Asia, you can never rule out dynastic parties even when they appear to be down and out.’
Sheikh Hasina’s 15-year reign as prime minister ended on July 5. She resigned and fled to India amid a student-led mass uprising on the day. Hundreds were killed and wounded during the uprising.
Zillur Rahman, executive director of the Dhaka-based Centre for Governance Studies and a talk show host, told Time that there was no way for Sheikh Hasina and her party to play any significant overt role in Bangladeshi politics for the next decade unless the interim government fails monumentally, according to the report available online.
Nobel laureate Professor Muhammad Yunus took the oath as the chief adviser of the interim government of Bangladesh on July 8. However, the government is currently facing many challenges.
In 15 years of uninterrupted rule, practically every government institution has been politicised by Hasina’s Awami League party, engendering deep distrust of the military, courts, civil service, and especially security services, mentions Time.
In his address to the nation on September 11, chief adviser Muhammad Yunus announced the formation of six commissions for reforms in the electoral system, police, judiciary, public administration, constitution and anti-corruption commission.
Shahidul Haque, a retired Bangladesh Army major-general, ambassador, and defence attaché, told Time that a politicised bureaucracy was trying every trick in the book to stymie reforms, says. ‘They are trying to destabilise this government,’ he says. ‘And if no visible improvements happen people are going to lose patience.’
Sajeeb Wazed Joy, son of Sheikh Hasina, is counting on it.
‘If they want to run the country for a year or 18 months, actually I believe that’s perfect,’ he told Time, pointing to ‘lawlessness’ with ‘the mob, the protesters, basically on a rampage.’
However, Meenakshi Ganguly, Asia deputy director for Human Rights Watch, said that there wasn’t an absolute breakdown in the rule of law. ‘There are no pogroms, and we haven’t seen any recent attacks on a large scale,’ he told Time.
Other observers are less confident about Hasina’s participation in elections as across Bangladeshi society, statues of Sheikh Mujib have been toppled, posters of Hasina defaced and replaced by lurid graffiti decrying her as a dictator.
‘That’s how Sheikh Hasina’s legacy is being imagined among the young population,’ Mubashar Hasan, a Bangladeshi scholar at the University of Oslo in Norway, told Time.
Joy claimed that he did not have political ambition and no decision had been made regarding whether Hasina would return to stand in elections.
‘But given the current scenario, who knows? I haven’t made any decision,’ said Joy.
Observers also mentioned that Joy likely had no political future in Bangladesh because he could not build an image as a people’s leader and Awami League could not imagine an alternative to Hasina.
Rahman told Time that Awami League’s biggest weakness was its cult of personality centred around Sheikh Hasina.
He said, ‘They cannot imagine an alternative to Sheikh Mujib’s daughter.’
Rahman added that if Joy could not reinvent himself from the ground up as a people’s leader in Bangladesh, he likely had no political future.
Mubashar, the Oslo-based scholar, agrees, ‘He doesn’t have the respect and attachment among young people. And demography matters,’ mentions Time.
Leaders of major political parties yesterday asked Chief Adviser Prof Muhammad Yunus for a road map to reforms and the next general election.
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Political parties want road map to polls
During dialogue, Yunus tells them that reform commissions will talk to parties before filing reports
Chief Adviser Professor Muhammad Yunus at a dialogue with a BNP delegation at the state guest house Jamuna in Dhaka yesterday. Photo: PID
Leaders of major political parties yesterday asked Chief Adviser Prof Muhammad Yunus for a road map to reforms and the next general election.
They also expressed concerns over the rising prices of essentials and a lack of law and order.
Leaders of BNP, Jamaat, Islami Andolan Bangladesh, six parties each from Ganatantra Mancha and Baam Gonotantrik Morcha platforms held dialogues with Prof Yunus at state guesthouse Jamuna.
The first dialogue was with a six-member BNP delegation led by Mirza Fakhrul Islam Alamgir, secretary general of the party.
"We demanded a road map to the next election," he told reporters after the talks.
The chief adviser told them that elections are the interim government's number one priority.
The BNP also demanded removal of "one or two individuals in the interim government who are against the main spirit of the interim government and the mass uprising".
A new election commission should be formed immediately based on political consensus, and the law through which previous ECs were formed should be repealed.
The election reform commission should not have controversial members, Fakhrul said.
The BNP demands that members of ECs that held "farcical" national elections in 2014, 2018, and 2024 be brought to justice, he added.
"Former chief justice ABM Khairul Haque who was key to destroying the electoral system and cancellation of the caretaker government system should face sedition charges."
When the Awami League was in power, most of the appointments to the High Court Division were partisan, and about 30 judges are still working there, Fakhrul pointed out.
It is worrying that people who are being arrested on specific charges like corruption and murders are being released on bail, he said, adding that false and politically motivated cases filed during the Awami League need to be withdrawn.
"Some police officers and former ministers are fleeing the country. We ask the interim government to look into how they are fleeing and who is helping them.
"Many in the civil administration who assisted the fascist government are still there. They should be removed and appointments of new deputy commissioners facing allegations should be cancelled."
BNP urged the interim government to take action against those trying to create anarchy in the Chattogram Hill Tracts.
"Some Hindu people, ahead of the Durga Puja, are spreading propaganda that the Hindu community is being attacked. It is absolutely false and it is a conspiracy against Bangladesh. We have asked the interim government to consider these issues very seriously."
Interim government previously said the focus of the dialogue would be to learn how political parties could cooperate with the six reform commissions. Besides, discussions would cover the state of law, order and Puja.
JAMAAT WANTS TWO ROAD MAPS
Jamaat-e-Islami wants a road map to reforms and another to the next election, said its Ameer Shafiqur Rahman.
"If reforms are successful then the election will be successful. We hope the government will remain impartial and hold a free and fair election," he said.
People who face charges of killing, money laundering, and being involved in enforced disappearance, should be punished, he said.
Jamaat hopes the interim government will not unnecessarily prolong its stay in power, he said.
Regarding concerns over law and order during Puja, Shafiqur said, "If the law enforcers and people work together, we hope people of Hindu community will be able to hold a remarkable Durga Puja this year."
Jamaat will unveil its detailed reform plan on October 9, he said.
LEFT ALLIANCES
Ruhin Hossain Prince, general secretary of the Communist Party of Bangladesh, said, "If there is delay [before election], evil forces may do something."
The left parties demanded urgent government steps to control the prices of essentials and establish law and order.
'The Liberation War cannot be turned into something controversial. Democratic rights are being snatched away by banning student politics in universities while communal forces are getting advantages. This cannot go on," he said.
Nagarik Oikya President Mahmudur Rahman Manna said, "We see some weaknesses, failures, and limitations of the administration."
Islami Andolan Bangladesh Ameer Syed Muhammad Rezaul Karim said he proposed forming nine more reform commissions.
The chief adviser also held dialogues with leaders of Amar Bangladesh Party, two factions of Gono Odhikar Parishad, and Hefajat-e Islam.
Chief Adviser's Press Secretary Shafiqul Alam told a press conference at the Foreign Service Academy that Prof Yunus informed the parties that reform commissions will consult the political parties, other stakeholders before filing their reports in three months.
After receiving the reports, the interim government will meet the parties again to reach a consensus regarding the reforms. The timeline will depend on that consensus, he added.
Preparations for election and formation of the EC will be done in the meantime an election can be held as soon as the consensus is reached, he said.
Mahfuj Alam, special assistant to the chief adviser, said the government would hopefully break the cartels responsible for higher commodity prices.
Government officials who assisted the fascist regime will be brought to justice, he added.
Asked whether Sheikh Hasina would face trial, Mahfuj said government agencies were working to bring all perpetrators to book.
hief Adviser's Special Assistant Mahfuj Alam on Saturday night said the government remains committed to controlling the prices of essential commodities as soon as possible at any cost, dismantling the "syndicate" and stopping "extortion". "We hope we will find a solution. The government is very si
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Interim Government committed to curbing essential commodity prices by breaking syndicates: Mahfuj Alam
FE Online Desk
Published :
Oct 06, 2024 00:00
Updated :
Oct 06, 2024 00:01
Chief Adviser's Special Assistant Mahfuj Alam on Saturday night said the government remains committed to controlling the prices of essential commodities as soon as possible at any cost, dismantling the "syndicate" and stopping "extortion".
"We hope we will find a solution. The government is very sincere. We expect that scope will be created very soon to dismantle the syndicate and stop extortion," he told reporters while responding to a question on the government's efforts to provide consumers some relief by keeping prices of essentials affordable, UNB reports.
Chief Adviser's Press Secretary Shafiqul Alam, Deputy Press Secretaries Apurba Jahangir and Abul Kalam Azad Majumder were also present at the media briefing held at Foreign Service Academy.
Mahfuj also said the government remains open to suggestions from the people, political parties and civil society members so that it can address consumers’ issues.
He said the law enforcement situation is gradually returning to normalcy from the initial bad shape and mentioned that the government from the very beginning has been trying to remain vocal against syndicate and extortion.
The briefing was arranged after the lengthy dialogue between the Chief Adviser and major political parties that began at 2:30 pm today and lasted till 9 pm.
BNP's demands include removal of “one or two” members of the interim government.
"There are one or two (persons) in the interim government who are obstructing the main spirit of the interim government and the people's uprising. We demanded their removal," BNP Secretary General Mirza Fakhrul Islam Alamgir told reporters after the dialogue.
When Mahfuj's attention was drawn to BNP’s demand, he said it is normal to have dissatisfaction but they want to see whether the advisers are working properly in line with their responsibility.
"We hope they will work as per people’s desire," said the Special Assistant.
Responding to another question, Mahfuj said not only former Prime Minister Sheikh Hasina, all who were involved in mass killings will be brought to justice gradually following due legal procedures.
"From our side, we made it clear. The relevant departments and wings are working to that end," he said.
Bangladesh Nationalist Party (BNP) called upon the Chief Adviser to interim government, Prof Muhammad Yunus, to announce a roadmap of the election along with the formation of a new election commission based on the consensus of major political parties.
“A new Election Commission will have to be formed immediately based on the consensus of major political parties suspending the Election Commission Appointment Act. We have asked to give a roadmap when the election commission will hold the election,” said the BNP Secretary General.
Regarding this, Chief Adviser’s Press Secretary Shafiqul Alam said there will be a consensus on reform programmes as there are six specific reform commissions which will submit their reports in December.
"Timeline depends on that consensus," he said, adding that work towards election-centric preparations including Election Commission formation will go ahead simultaneously.