Muhammad Yunus fails to manage Bangladesh, unemployment situation worsens after Sheikh Hasina’s ouster, Youths now…, IMF says

Dhaka: The Sheikh Hasian authorities that ruled Bangladesh for 16 lengthy years fell on August 5 (2024) after the so-known as college students in Bangladesh launched a large order in opposition to the quota diagram in authorities jobs in July final year. Soon after the resignation, Sheikh Hasina left Bangladesh and flew all of the system down to India. In step with the experiences, at some level of the protests, demonstrators faced bullets, ensuing in hundreds of deaths. At the present time, 16 months later, the unemployment challenge in bankrupt Bangladesh has worsened.

Did Hasina lose energy attributable to unemployment?

Many imagine that unemployment was as soon as the major reason why Hasina was as soon as forced to resign. Nonetheless, the challenge has further detoriated after the brand new duration in-between authorities led by Muhammad Yunus took mark. In step with a stutter by AFP, college students who participated within the tear now look their desires shattering. Mohammad Rizwan Chowdhury, a pupil at Dhaka College, told AFP that the caretaker authorities led by Mohammad Yunus has made minimal efforts for the childhood.

Disappointment with the Yunus Government

In step with the Bangladesh Bureau of Statistics (BBS), the need of unemployed of us reached 2.66 million by the tip of September 2024, marking a 6 percent raise when put next with 2.49 million the old year. A 25-year-faded Chowdhury, who participated in protests final year, said, “I haven’t viewed any meaningful initiative from the authorities to this level.”

Bangladesh’s Economic Situation Worsens

It is serious to show that the Worldwide Financial Fund (IMF) had warned in September about a first-rate slowdown within the nation’s financial actions. Meanwhile, inflation remains in double digits. Tax revenues absorb declined, while expenditure pressures absorb elevated.

For numerous, the enthusiasm for Hasina’s initiatives is waning. Chowdhury said that Yunus has given cabinet positions to pupil leaders, but the calls for of the college students are being brushed off.