Muhammad Yunus, Renowned Economist and Noble Winner appointed as Head of Interim Government in Bangladesh

News Desk

The Advocate Post: A nobel laureate known as the “banker to the poor” will aim to bring stability to Bangladesh after he answered a call by student protesters for him to temporarily lead the restive country following weeks of deadly anti-government demonstrations.

As per the press secretary of Bangladesh’s president, Muhammad Yunus, eighty-four, would lead a provisional administration subsequent to the prime minister of the South Asian nation becoming overthrown and the parliament being dissolved.

Yunus is a social entrepreneur and banker who was awarded the Nobel Peace Prize in 2006 for developing innovative microfinance solutions that reduced poverty in Bangladesh and gained international traction.

In addition, he has a long history of criticizing Sheikh Hasina, the previous prime minister who left the nation earlier this week after years of increasingly autocratic rule.

The student movement that drove her out was thrilled to have her gone, but there was also considerable concern about whether the military would take over as leader in the absence of her.

This week, a source informed that Yunus was in France for a minor medical treatment and will shortly return to Bangladesh to assume the role of acting leader in transition.

His return was also confirmed by the Students Against Discrimination organization, saying,

“We are very delighted to say that Dr. Yunus has agreed to accept this challenge to save Bangladesh as per our students’ request.”

In 1940, Yunus was born in Chittagong, a port city in southeast Bangladesh, as stated in his Nobel Prize website profile.

A year after Bangladesh gained independence from Pakistan in 1972, he went back to Chittagong University as a professor.

However, catastrophe came shortly after. In 1974, a catastrophic famine devastated the nation, killing an estimated 1.5 million people.

 

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