Bangladesh, July 31 -- The July Foundation, established to support those killed and injured in Bangladesh's historic July Uprising, now finds itself paralysed by a financial crisis just one year after it came into being.

Launched in the wake of the 2024 student-led uprising that toppled the Awami League government, the July Martyrs' Memorial Foundation says it requires an initial Tk 40 billion ($339 million, £290 million) to support the families of the dead and wounded. But by the end of July 2025, it had received only Tk 11.94 billion ($97.8 million, £87 million), a shortfall that has stalled its planned operations.

When it was inaugurated last September, the foundation had outlined an ambitious programme: emergency financial...