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Tuesday, June 23, 2026

Yunus is caretaker of Bangladesh’s interim govt

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DHAKA: Life has come full circle for Professor Mohammad Yunus, a well-known critic of Sheikh Hasina and persecuted by her regime, when the Nobel laureate became the head of the caretaker government after she resigned and fled to India.
The 84-year-old economist, globally recognised as ‘The Father of Microfinance,’ who flew down from Paris earlier in the day, was declared as the head of the interim government by President Mohammed Shahabuddin after dissolving Parliament Tuesday, a decision prompted by a demand by the Anti-Discrimination Student Movement.
Yunus had announced plans to form a political party in 2007 when the country was run by a military-backed government and criticised Bangladeshi politicians alleging they were only interested in money. He, however, did not follow through on that plan.

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