South Asia

Nobel Laureate Muhammad Yunus Set to Be Chief Adviser of Interim Government in Bangladesh

Yunus has faced charges in over 190 cases brought against him by the Hasina government.

Nobel Laureate Muhammad Yunus Set to Be Chief Adviser of Interim Government in Bangladesh

Nobel Laureate Muhammad Yunus. Image Source: X/@Yunus_Centre

The coordinators of the Anti-Discrimination Student Movement on Tuesday (August 6) announced that Nobel laureate Dr. Muhammad Yunus will serve as the chief adviser to the interim government in Bangladesh, a day after Prime Minister Sheikh Hasina resigned and fled the country following massive protests against her government.

In a video posted on social media early Tuesday morning, Nahid Islam, a key coordinator of the movement, announced that they have already spoken with 84-year-old Dr. Muhammad Yunus, who has agreed to take on the responsibility to help save Bangladesh, news agency PTI reported.

"We took 24 hours to announce a framework for the interim government. However, considering the emergency situation, we are announcing it now," Nahid said.

Yunus who was awarded the Nobel Peace Prize in 2006 for his pioneering efforts to alleviate poverty, has faced charges in over 190 cases brought against him by the Hasina government.

His founding of Grameen Bank, a microfinance institution, provided small loans to Bangladesh’s rural poor, significantly contributing to the country's economic growth.

Muhammad Yunus was born in 1940 in Chittagong. He studied at Dhaka University before pursuing a degree in economics at Vanderbilt University in the United States. After earning his PhD, Yunus served as an assistant professor at Middle Tennessee State University before returning to Bangladesh.

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