SNAPSHOTS

In Bangladesh, Hasina's Resignation Portends Greater Political and Economic Uncertainty

Aug 5, 2024 | 20:48 GMT

Anti-government protesters display Bangladesh's national flag as they storm Prime Minister Sheikh Hasina's palace in Dhaka on Aug. 5, 2024.
Anti-government protesters display Bangladesh's national flag as they storm Prime Minister Sheikh Hasina's palace in Dhaka on Aug. 5, 2024.

(K M ASAD/AFP via Getty Images)

In Bangladesh, Prime Minister Sheikh Hasina's decision to resign and flee the country sets the stage for an uncertain interim government that will have to contend with a high risk of social unrest and economic challenges, both of which could hamper the country's crucial ready-made garment industry. On Aug. 5, Bangladesh's Army Chief General Waker-uz-Zaman announced that Hasina had resigned after weeks of mass anti-government protests, which were met with severe crackdowns by security forces and led to over 200 deaths. The unrest directed at Hasina and her ruling Awami League (AL) party reached a peak when thousands of anti-government protesters defied a nationwide curfew and stormed the Ganabhaban, Hasina's official residence. Local media reports indicate Hasina escaped moments before protesters stormed the building, and subsequently boarded a military helicopter to flee to India, where she is reportedly awaiting the United Kingdom to grant her asylum. Following Hasina's resignation, General...

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