Ahmed was born on 1 May 1940 in Munshiganj to Mohiuddin Ahmed. He studied economics at Dhaka University, where he obtained his BA (Hons) and MA in 1960 and 1961, respectively, standing first in his class both times.
Ahmed was born on May 1, 1940, in Munshiganj to Mohiuddin Ahmed. He studied economics at Dhaka University, where he achieved academic distinction by earning a BA (Hons) and MA in 1960 and 1961, respectively, ranking highest in his class both times.