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Muhammad Yunus speaks on the sidelines of the 55th annual World Economic Forum meeting in Davos, Switzerland, January 23, 2025. — Reuters
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The head of Bangladesh’s interim government and Nobel laureate, Muhammad Yunus, has criticized the country’s high growth under ousted Prime Minister Sheikh Hasina, calling it “fake” and accusing the international community of complicit in her alleged corruption. failed to check.
Younis, 84, an economist and winner of the 2006 Nobel Peace Prize, took over the leadership of the interim government in August after Hasina fled to neighboring India after weeks of violent protests.
During her 15 years in power, Hasina was credited with revitalizing Bangladesh’s economy and garment industry, a key driver of national growth. However, critics have accused him of human rights abuses and suppression of free speech and dissent.
Hasina, who has ruled Bangladesh since 2009, is being investigated there on suspicion of crimes against humanity, genocide, murder, corruption and money laundering, and Dhaka has asked New Delhi to extradite her.
Hasina and her party deny wrongdoing, while New Delhi has not responded to the extradition request.
“She was in Davos telling everyone how to run the country. No one questioned her,” Younis told Reuters in an interview on the sidelines of the World Economic Forum’s annual meeting in the Swiss Alpine resort. ” “This is not a good world order.”
“The whole world is responsible for doing this. So this is a good lesson for the world,” he said. “That said, our growth rate outpaces everyone else. Fake growth rate, totally.”
Yunus did not explain why he thought the growth was fake, but continued to stress the importance of broad-based and inclusive growth, and the need to reduce wealth inequality.
Annual growth in the Muslim-majority nation of 170 million people in the 2017/18 fiscal year was about 8.8 percent, compared with about 5 percent when Hasina took power in 2009, before Covid-19 hit the country. The impact and the war in Ukraine dragged on. This below
In 2023, the World Bank named Bangladesh as one of the fastest growing economies in the world.
“Since its independence in 1971, Bangladesh has gone from being one of the poorest countries to achieving lower-middle income status in 2015,” it said.
Hurt by strained India relations
The student-led movement in Bangladesh sparked protests against quotas in government jobs in July, prompting a violent crackdown that drew global criticism, although Hasina’s government denied using excessive force.
Student protesters tasked Yunus with holding fresh elections as chief adviser to the interim government.
Younis, who has promised to hold elections by late 2025 or early 2026, said he is not interested in running.
Known as the “Banker to the Poor”, founded by Yunus and Grameen Bank, Nobel helped lift millions of people out of poverty by offering less than $100 to the rural poor. Kush, too poor to get attention from traditional banks.
“For me, personally, I’m not driven much by the growth rate,” Yunus said. “I am driven by people’s living standards at the very bottom. So I will bring an economy that avoids the whole idea of concentration of wealth.”
Relations between Bangladesh and India, which have strong trade and cultural ties, have soured since Hasina was ousted and took refuge in New Delhi.
Younis has demanded that India return Hasina to Bangladesh so she can face trial for what she says are crimes against protesters and her opponents, and crimes she is accused of committing during her tenure. has been accused of
Describing India’s rival China as a long-term friend of Bangladesh in these difficult times, Younis said the strained relationship with New Delhi “hurts me personally a lot”.
“Bangladesh-India relationship should be the strongest. You know, you can’t draw a map of India without drawing a map of Bangladesh,” he said, referring to the fact that India as well as How does the land border of Bangladesh run?
