Bangladesh Nobel laureate Muhammad Yunus takes charge of caretaker government
On Thursday, Muhammad Yunus, the Nobel Peace Prize-winning economist, was sworn in as the head of Bangladesh's caretaker government. This appointment comes three days after Prime Minister Sheikh Hasina was forced to resign and flee the country due...
Yunus, 84, was recommended for the role by student protesters and returned to Dhaka earlier on Thursday from Paris, where he was undergoing medical treatment.
"The country has the possibility of becoming a very beautiful nation," an emotional Yunus told reporters at the airport. "Whatever path our students show us, we will move ahead with that."
Yunus will be the chief adviser in the interim government tasked with holding fresh elections in the South Asian country of 170 million people.
The student-led movement that ousted Hasina grew out of protests against quotas in government jobs that spiralled in July, provoking a violent crackdown that drew global criticism, although the government denied using excessive force.
The protests were fuelled also by harsh economic conditions and political repression in the country.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.