Bad news for Bangladesh after 150000000000 Taka suddenly go missing, Yunus government now plans to…, no Printing of…
New Delhi: Bankrupt Bangladesh has been witnessing a slew of challenges ever since Muhammad Yunus took charge of the country after Sheikh Hasina’s forceful resignation as the prime minister. Under the Yunus government, the targeting of minorities saw a significant rise, bringing international disrepute to the nation. Now, the decision to remove the images of Sheikh Mujibur Rahman from the Bangladeshi currency, the Taka, is causing significant harm to the country.
This decision by Mohammad Yunus, the chief advisor of Bangladesh’s interim government, is also affecting the central bank. The situation has worsened to the point where around 15,000 crore Taka worth of currency has been withdrawn from circulation, leading to substantial losses for the country.
Government destroying things related to Mujibur Rahman
After Sheikh Hasina’s resignation as the Prime Minister of Bangladesh, the new administration in the country—formed with the support of radical elements and led by Mohammad Yunus—is attempting to destroy items associated with Mujibur Rahman, who is referred to as “Bangabandhu.” This includes demolishing memorials and other symbols. As part of this, the circulation of certain currency notes has also been discontinued.
Crisis in the Country Due to No Printing of New Banknotes
Reports suggest that due to the fear of the hardline government, bank officials are unwilling to speak publicly. The shortage of banknotes has brought market activity to a halt. With banks running out of cash, people are unable to withdraw money. In early April 2025, the Yunus government suddenly decided to withdraw all currency notes and coins bearing images of Sheikh Mujibur Rahman from circulation. While the government announced the demonetization, it failed to issue new currency, resulting in a major crisis in the country.
Bangladesh Bank has stated that the printing of new notes will begin in May. This has raised many questions—when will the new notes be printed, and how long before they reach the market?
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