The leadership of Muhammad Yunus began on 8 August 2024 when he was sworn in as the Chief Adviser of Bangladesh by President Mohammed Shahabuddin.

[2][3] The main pledge of this government is organise a constituent assembly to draft and adopt a new, inclusive, democratic constitution, ensuring the inviolability of human dignity.

[4] On 5 August 2024, General Waker-uz-Zaman, the Chief of the Army Staff, handed the resignation of Prime Minister Sheikh Hasina to President Mohammed Shahabuddin following the uprising.

[5][6][7] President Shahabuddin immediately started the process of meeting with political leaders, key coordinators of the protest and civil society members from around the country to discuss the formation of an interim government.

[17][18] Hasina regime's violent crackdown included the use of tear gas, live ammunition, and mass arrests, resulting in over 1,000 deaths and thousands of detentions within three weeks during the Student–People's uprising.

However, the law, justice and parliamentary affairs adviser to the government, Asif Nazrul, said that the incumbent would "remain in power as long as necessary.

"[20] In late August, several individuals associated with organisations like Ansarullah Bangla Team and Islamist or politically right-wing parties like Jamaat-e-Islami were released from prisons by the interim government.

[25] On 4 December, Hasina accused Yunus's administration of perpetrating a meticulously designed genocide and requested them to "take all steps for the protection of minorities.

[28] In October 2024, Bangladesh's Chief Advisor, Muhammad Yunus, made a remark about a "reset button" during an interview with the Voice of America, which was seen as suggesting revision of the country's history.

[30] A graffiti photo with the term "Adivasi" was removed from Bangladeshi textbooks in an effort to maintain "state harmony" and a "pluralistic society" [31] in line with the new constitutional principles which, at the time will replace, is in the process of replacing "nationalism, socialism, secularism" with "Equality, human dignity, social justice, pluralism".

[34] [35] In August, the Yunus administration appointed economist Debapriya Bhattacharya to head a committee charged with drafting a white paper on the economy of Bangladesh.

[37] On 18 August, the interim government expanded the inter-bank market's foreign exchange currency band from 1% to 2.5% to increase liquidity and allow banks to offer "slightly" higher rates.

As per the South Asia Development Update, the World Bank revised its economic growth forecast from 5.7% in April 2024 to 4% in October for the financial year 2025.

[42] Development projects deemed "economically less important" were dropped by the interim government, while the owners of ready-made garment industries agreed to an 18-point demand of workers including minimum wage, nightly allowances, increased tiffin, monthly attendance bonusses, etc.

[43] TI Bangladesh said that there had been a "failure" from July to October to meet revenue collection targets and that loopholes continued to exist in property purchasing for legitimizing "black money".

[45] Yunus' government engaged in discussions with the ambassadors of different countries, including Palestine, Italy, China, Russia, Pakistan, Saudi Arabia, India, and others.

After the discussion, the President of the United Arab Emirates, Mohamed bin Zayed Al Nahyan, pardoned 57 Bangladeshi expatriates who were previously arrested for protesting against the Hasina government.

[53][54][55] He also discussed with some high officials like Volker Türk, Ajay Banga, Kristalina Georgieva, Karim Ahmad Khan, Samantha Power, Noel Quinn, and Dick Durbin.