Muhammad Yunus appointed as head of transitional government in Bangladesh

WORLD, Aug. 07 (YPA) – Muhammad Yunus has been named the head of Bangladesh’s interim government after prime minister Sheikh Hasina fled the country following a student-led popular uprising.

According to the Dhaka Tribune, Yunus’s appointment followed a meeting between President Mohammad Shahabuddin and leaders of the anti-discrimination student movement.

The newspaper added that the remaining members of the transitional government will be determined after consultations with various political parties.

On Tuesday, President Mohammad Shahabuddin dissolved Parliament in preparation for the formation of a transitional government following Prime Minister Sheikh Hasina’s resignation and departure from the country.

Student representatives who organized the protests confirmed they will push for Yunus to oversee the interim government.

Muhammad Yunus, 84, is one of the world’s most renowned economists and bankers, known for his efforts to combat poverty through the establishment of Grameen Bank, which provides small loans to the poor without collateral. However, he faced criticism from Hasina, who accused him of “bleeding” the poor.

@E.Y.M