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businesspress > Blog > Business > Protesters in Bangladesh are Still Powerful
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Protesters in Bangladesh are Still Powerful

BusinessPress
Last updated: August 12, 2024 6:41 pm
BusinessPress
Published August 12, 2024
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The demonstrators in Bangladesh, who began their campaign last month against the reservations for the descendants of the country’s independence fighters in 1971 and ultimately forced out then-prime minister Sheikh Hasina, are still demonstrating their strength.

Nobel laureate and microfinance miracle worker Muhammad Yunus has been named as the interim government’s head of state. The demonstrators also forced the resignation of Bangladesh’s chief justice and the vice-chancellor of Dhaka University, the scene of the protests. A headless central bank would have sent a bad signal to the markets, so even the central bank’s governor resigned. However, the finance minister of the interim government asked him to stay on.

The chief justice received threats from the demonstrators demanding that he resign or face consequences. Muhammad Yunus, the head of the interim government, had urged the demonstrators to preserve calm. Still, the protestors are unwilling to trust the interim government to remove all the people in top positions appointed by Sheikh Hasina Wajed and her Awami League government. Protesters forcing decisions through threats can only spell anarchy. The system could break down under popular pressure.

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