People attend funeral prayers for Fazle Hasan Abed, the founder of the Bangladesh Rural Advancement Committee , in Dhaka on December 22, 2019. — AFP pic
The 83-year-old passed away on Friday in a Dhaka hospital while undergoing treatment for a brain tumour. Nobel laureate Muhammad Yunus, top politicians, diplomats and businessmen paid tribute to Abed, who founded BRAC in 1972. BRAC’s micro-finance approach has been hailed as one factor behind the drop in the proportion of Bangladeshis living in extreme poverty from 80 percent to around 40 percent.
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