Dhaka : Nobel laureate Muhammad Yunus has been desired as the chief advisor of Bangladesh’s interim government, a day after Prime Minister Sheikh Hasina fled the country amid widespread violence.
The leaders of Students Against Discrimination, who have been at the forefront of leading the violent protests across the country, have been looking up to Muhammad Yunus to take up the responsibility for the benefit of the country.
As per reports, Yunus, who is currently in Paris as an advisor for the Olympic Games 2024, welcomed the ouster of Hasina’s regime, describing the development as the “second liberation” of the country.
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The development comes as Bangladesh President Mohammed Shahabuddin said an interim government would be formed after dissolving the Parliament.
Born on June 28, 1940 in Chittagong, Mohammad Yunus is well known for founding the Grameen Bank.
In 2006, Yunus and Grameen Bank jointly received the Nobel Prize in Peace “for their efforts to create economic and social development from below,” and came to be known as the “Banker to the Poor”.
In 1972, following studies in Bangladesh and the USA, Yunus was appointed professor of economics at the University of Chittagong.
When Bangladesh suffered a famine in 1974, he felt that he had to do something more for the poor beyond simply teaching.
He decided to give long-term loans to people who wanted to start their own small enterprises. This initiative was extended on a larger scale through Grameen Bank.
He studied at Dhaka University in Bangladesh, then received a Fulbright scholarship to study economics at Vanderbilt University. He received his Ph.D. in economics from Vanderbilt in 1969
Professor Yunus is the recipient of numerous international awards for his ideas and endeavors.
However, Professor Yunus’s relationship with Sheikh Hasina has been strained and he faced multiple investigations and legal challenges from Hasina’s government