Key Figures

Chief of State:
President Abdul Hamid
Head of Government:
Prime Minister Sheikh Hasina

Overview

Government Name:
People's Republic of Bangladesh
Constitution:
Adopted: 1972; Declares the fundamental rights and freedoms of its citizens, states the fundamental principles of state policy, establishes structure and functions of the three branches of government (executive, legislative, judicial). It also proclaims nationalism, democracy, socialism, and secularity as national ideals.
Government Type:
Parliamentary Democracy
People's Republic of Bangladesh Flag
Coat of Arms of People's Republic of Bangladesh

Index of Economic Freedom

Grades each country on a scale of 0 to 100, based on ten freedoms, with 100 representing the greatest amount of economic autonomy from government intervention. Source: Heritage Foundation (2018)

Country Risk Rating

C
A very uncertain political and economic outlook and a business environment with many troublesome weaknesses can have a significant impact on corporate payment behavior. Corporate default probability is high. Source: Coface (2018)

Government Branches

Main Powers Election Process Election Cycle 1
Executive

The constitution allows the president to act only upon the advice of the prime minister and cabinet. They are responsible for the appointments of various officials and can refuse to assent to any bill passed by parliament but send it back for review. They also act as the chancellor for various universities. The prime minister is collectively accountable for their policies and actions to the parliament, to their political party, and ultimately to the electorate.

The president is elected by national parliament. The prime minister is appointed by the president.

President: 5 years; Prime Minister: no term limits

Judicial

The supreme court is the highest judicial power.

Supreme court judges are appointed by the president.

Mandatory retirement age of 67

Legislative

The unicameral national parliament or Jatiya Sangsad are tasked with carrying out foreign and domestic policies.

300 seats (45 reserved for women) are elected by popular vote from single territorial constituencies.

5 years

Regional Trade Blocs

International Organization Participation [2]

Environmental Agreements [3]

Tax Information [2]

Tax Authority:
Information not available
Tax Name:
Information not available

Sources:

  1. ElectionGuide http://www.electionguide.org/
  2. EY, http://www.ey.com
  3. CIA World Factbook, https://www.cia.gov/library/publications/the-world-factbook/
  4. U.S. Bilateral Relations Fact Sheets http://www.state.gov/r/pa/ei/bgn/