Dhaka, May 22 -- Renowned economist Professor Abu Ahmed has raised concerns over Bangladesh's full compliance with all conditions set by the International Monetary Fund (IMF), arguing that such adherence does not necessarily lead to economic prosperity.

"If IMF prescriptions were flawless, countries like Pakistan, Nigeria, and Ghana would have become some of the wealthiest economies in the world," he told UNB in a phone interview.

Professor Ahmed, who also serves as Director and Chairman of the Investment Corporation of Bangladesh, highlighted that Pakistan has approached the IMF for bailouts 24 times, yet continues to grapple with economic instability.

His remarks came in response to the ongoing unrest within the National Board of Rev...