Dhaka
Between Past and Promise
Bangladesh’s interim government, led by Nobel laureate Muhammad Yunus, is struggling with the fragile hope of a new order.

Bangladesh stands at a crossroads.
Almost a year after a historic uprising ousted Sheikh Hasina’s authoritarian regime, the interim government led by Nobel laureate Muhammad Yunus is buckling under intensifying pressure from competing factions.
The question now is not just whether Yunus can hold on, but whether his administration can salvage Bangladesh’s fragile transition to democracy.
The most immediate threat to Yunus’s government comes from the armed forces. The army has been deployed since July 2024 following mass protests against the previous regime. Their extended presence became necessary after civilian law enforcement collapsed during the unrest, owing to a nationwide police strike that left stations deserted and public order in chaos. Although police operations resumed shortly thereafter, the army has remained in place under a civil-military agreement. But it seems as if the army’s patience is wearing thin.
Towards the end of May, the army chief, General Waker-Uz-Zaman, called for national elections to be held by December. He warned that prolonged military involvement in civil governance could weaken national defence. Speaking at a high-level meeting in Dhaka, General Waker stressed that the country needed political stability only from an elected government, not unelected decision-makers. His 30-minute address was attended by officers throughout the country, both in person and virtually.
This wasn’t just advice. It was a warning. The general’s speech, delivered in full combat uniform, left no doubt about his growing impatience with Yunus’s proposed election timeline. And the message between the lines was even more unsettling. By openly rejecting key government policies, including a proposed Myanmar aid corridor and Starlink’s internet services, the general wasn’t just voicing dissent. He was showing where real power lies.
General Waker-Uz-Zaman’s comments were in stark contrast to the Yunus administration’s plan to delay elections until mid-2026 so that political and electoral reforms could be implemented before the country goes to the polls.
The general’s remarks followed unconfirmed rumours that the interim administration tried to remove him from command. The reports—considered speculative at this point—fuelled public debate about civil-military relations during the transition.
The general’s rare public emphasis on constitutional boundaries signals the military’s alarm at what it perceives as the caretaker government’s overextension of its mandate.
The army’s discontent mirrored broader political fractures. Since the establishment of the interim set-up on August 8th last year, the main opposition party, the Bangladesh Nationalist Party (BNP), has maintained that national elections must be held by the end of this year. Meanwhile, the student-led National Citizen Party (NCP) and a few other political organizations insist that comprehensive reforms and prosecution of former Awami League (AL) leaders must take place before any polls are held. Civil servants are resisting the interim government’s anti-corruption measures for fear of nationwide upheaval.
According to some reports, Yunus was contemplating stepping down due to increasing political pressure. He expressed frustration with political parties and government institutions that initially vowed cooperation but had since failed to uphold their commitments to support the transitional government. Since the fall of Hasina’s government last year, promised cooperation on state reforms and a peaceful democratic transition have not materialized.
Yunus reportedly told his aides that growing demands for elections had rendered fulfilling his duties impossible. He further said that current circumstances negated the likelihood of a fair election, and he did not want to bear responsibility for a compromised electoral process.
Yunus’s next moves will determine whether Bangladesh emerges as a democratic model for the Global South or becomes another discouraging tale of failed transitions.
Yunus’s reform agenda is still struggling to gain traction. Key institutions are resisting the interim government’s authority. A prime example is the contentious plan to split the National Board of Revenue (NBR) into two entities. While the government claims this restructuring would enhance tax system efficiency and transparency, senior NBR officials strongly oppose it, concerned it would sideline veteran tax professionals. This pushback underscores mounting obstacles to Yunus’s reform efforts.
Muhammad Yunus is a Nobel laureate and a microfinance pioneer. He remains a pivotal figure in Bangladesh’s political future. Despite mounting challenges, Yunus retains significant leverage owing to his global stature and enduring popularity among fellow countrymen who view him as their best hope for free and fair elections. Yet the window for action is narrowing. He must act decisively to steer the country away from deepening authoritarianism and towards stability.
But what are his options?
The bitter rivalry between the Bangladesh Nationalist Party (BNP) and the Awami League (AL) has paralyzed the political process. Yunus could mediate a compromise by tying the forthcoming elections to concrete reforms. This will ensure that both parties have a stake in a smooth, credible transition. The risk of further unrest or one-party dominance will remain high without such a deal.
The military remains a powerful force in Bangladeshi politics. Yunus may have to shuffle top brass to reinforce civilian authority. This move could be risky and provoke backlash, yet it is essential for long-term democratic stability. A failure to curb military influence could render any political settlement meaningless.
Moreover, the interim government must launch a visible campaign to outline its vision for transition. If Younus hesitates now, his rivals will fill the vacuum, painting his efforts as destabilizing or self-serving. Drawing on his Grameen legacy, grassroots mobilization could motivate citizens to demand change.
Too often, Bangladesh is dismissed as a less important player in global affairs. But its crisis carries broader implications. If a figure like Yunus, with his Nobel credibility, international connections, and domestic appeal, cannot navigate a return to democracy, what would it mean for other nations struggling against authoritarianism?
Yunus did not choose this role, but history has placed the burden upon him. His next moves will determine whether Bangladesh emerges as a democratic model for the Global South or becomes another discouraging tale of failed transitions.![]()
The writer is a freelancer and an investment banker based in Karachi. He can be reached at syedatifshamim@hotmail.com


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