Muhammad Yunus Chosen to Head Bangladesh's Interim Government
Muhammad Yunus has been chosen to head Bangladesh's interim government after the longtime prime minister resigned and fled abroad amidst violent unrest. Yunus, known as the 'banker to the poorest of the poor,' will act as caretaker premier until new elections are held. His appointment follows protests against the former prime minister's rule.
Key Points
- Yunus to act as caretaker premier until new elections are held
- Hasina forced to flee amidst protests against her rule
- Yunus founded Grameen Bank in 1983 to provide small loans to entrepreneurs
Pros
- Yunus is a Nobel laureate known for pioneering microcredit to help impoverished people
- His appointment offers a potential transition to new elections amidst political unrest
Cons
- Hasina's departure has plunged Bangladesh into a political crisis