Bangladesh’s economy is expected to grow by 4.4 per cent in FY27, backed by easing global headwinds and domestic economic reforms, according to HSBC.
While reforms are expected to strengthen private investment and consumption, Bangladesh’s export sector can revive in H2 2026 due to lower oil prices, a stabilising outlook for US tariffs and resilient global growth, a top HSBC official said at a Dhaka event.
“Bangladesh’s economy continues to impress with its resilience,” he said.
“Ongoing economic reforms are also gaining traction domestically, ultimately supporting private investment and consumption. Bangladesh is, therefore, on a steady path to recovery, with growth expected to accelerate to 4.4 per cent over the coming fiscal year,” Neumann was quoted as saying by domestic media outlets.
The country recorded 4.14 per cent gross domestic product (GDP) growth in FY26 compared to 3.49 per cent a year earlier, according to provisional data from the Bangladesh Bureau of Statistics. The government has set a 6.5 per cent GDP growth target for FY27.
Finance and Planning Minister Amir Khosru Mahmud Chowdhury acknowledged at the event that restoring confidence while maintaining macroeconomic stability would be the government’s biggest challenge in implementing the budget amid continued global uncertainty.
The government was working to strengthen institutions and reduce bureaucracy to improve the business environment and support investment, he added.
Fibre2Fashion News Desk (DS)
