The student protest movement in Bangladesh led to the resignation of Prime Minister Sheikh Hasina and the formation of an interim government by the military. The US commended the army’s conduct and urged for democratic and inclusive interim government formation. Hasina’s violent reaction to protests made her rule untenable, with calls for swift democratic elections. The student protests began against preferential job quotas and grew into a movement demanding Hasina’s downfall.
Rights groups accused Hasina’s government of misusing state institutions to maintain power and suppress dissent. Protesters celebrated Hasina’s resignation, while coordinators called for Nobel laureate Muhammad Yunus to lead a new interim government. Despite facing imprisonment for violating labour laws, Yunus’s work in Bangladesh has been lauded for improving the lives of millions.
The World Bank is assessing the impact of events in Bangladesh on its loan program but remains committed to supporting the country’s development aspirations. With a history of aiding Bangladesh since its independence, the World Bank has provided significant financial support.
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