Muhammad Yunus has been appointed the leader of Bangladesh’s interim government following the departure of prime minister Sheikh Hasina amidst a student-led uprising. The 84-year-old micro lending pioneer faces the hefty challenge of governing a nation grappling with unemployment and inflation.
Yunus, widely known for his Grameen Bank that has assisted in poverty alleviation, was chosen by student leaders and approved by president Mohammed Shahabuddin after consultations with various stakeholders. The protests against Hasina, leading to her resignation, resulted in significant violence.
Revered by many, including the Students Against Discrimination group, Yunus is a vocal critic of Hasina and has faced multiple legal battles under her administration. Despite accusations against him, his microfinance initiatives have positively impacted millions, earning him international recognition including a Nobel Peace Prize.
Yunus’s appointment is seen as a new chapter in Bangladesh’s political landscape, characterized by his commitment to service and poverty eradication. This significant development ushers in a period of hope and change for the country.
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