An economist and banker, Mohammed Yunus was awarded the 2006 Nobel Peace Prize for his work developing microcredit markets. He has been named the head of the interim government.
Bangladesh ’s military chief said Wednesday that an interim government headed by Nobel laureate Muhammad Yunus would be sworn in on Thursday night as he returns from Paris to take over the administration amid struggle for restoring stability after former Prime Minister Sheikh Hasina was forced to step down and flee.
The rally by the Bangladesh Nationalist Party — led by former Prime Minister Khaleda Zia, Hasina’s archrival — came a day after her release from house arrest, amid a new political environment in the country. Shahabuddin named Nobel laureate Muhammad Yunus as the head of an interim government, in consultation with the army and student leaders. He has been a longtime opponent of Hasina.An economist and banker, Yunus was awarded the 2006 Nobel Peace Prize for his work developing microcredit markets. He has been hailed for bringing thousands out of poverty through Grameen Bank, which he founded in 1983, and which makes small loans to businesspeople who wouldn’t qualify for regular bank loans.
Violence in days surrounding Hasina’s resignation killed at least 109 people — including 14 police officers, and left hundreds of others injured, according to media reports, which could not be independently confirmed. Reports said more attacks took place across the country also on Tuesday.
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