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Nobel Prize-winning microfinance pioneer Muhammad Yunus has been tapped to lead the interim government in Bangladesh. The social entrepreneur and founder of Grameen Bank will serve as chief adviser following mass protests that forced long-time prime minister Sheikh Hasina to flee the country. The decision was announced on August 7, 2024, at a meeting involving President Mohammed Shahabuddin, military leaders and the heads of the Students Against Discrimination group, according to the presidential press office. Yunus is expected to arrive in Dhaka on August 8, after he undergoes a medical procedure in Paris. Yunus won the Nobel Peace Prize in 2006 for developing ways to help poor people support themselves by offering small loans with easy terms.