Dhaka, May 25 -- Chief Advisor Muhammad Yunus is not resigning, Planning Advisor Wahiduddin Mahmud has confirmed, following a closed-door session of the Advisory Council at the National Economic Council. The announcement comes amid growing tensions within the interim government and increasing pressure from its political allies.

"He (Yunus) didn't say he would step down. He acknowledged the serious challenges we are facing in carrying out our responsibilities, but made it clear that we are committed to overcoming them. He is staying on," Mahmud said, reports The Daily Star.

Mahmud dismissed rumours of a collective resignation by the advisory council, stating, "The responsibilities entrusted to us are vital. The country's transition depend...