Finance and Planning Minister Amir Khosru Mahmud Chowdhury was the chief guest at the event titled "HSBC Economic Outlook 2026: The Bangladesh Perspective." Photo: HSBC

DHAKA, July 8, 2026 (BSS) – Bangladesh is poised for a steady economic recovery as ongoing reforms gain traction and the global economic outlook becomes more stable, according to the global banking giant HSBC.

The observation was made at an event titled "HSBC Economic Outlook 2026: The Bangladesh Perspective", organised by HSBC Bangladesh, where senior government officials, business leaders and industry stakeholders discussed global macroeconomic trends and Bangladesh's growth prospects, said a press release.

The programme was attended by Finance and Planning Minister Amir Khosru Mahmud Chowdhury as the chief guest. It also featured a special address by Priya Kini, Managing Director and Head of Banking, International Markets, Asia at HSBC.

During an interactive session titled "Ask the Minister", the finance minister said restoring confidence while maintaining macroeconomic stability amid global uncertainty remains the government's top challenge in implementing the national budget.

He said the government is working to build stronger institutions with reduced bureaucracy, while enhancing competitiveness, removing regulatory barriers, expanding market access and encouraging private investment through economic zones to promote export diversification.

Delivering the keynote presentation, Frederic Neumann, Chief Asia Economist and Co-Head of Global Investment Research (Asia) at HSBC, said Bangladesh's economy continues to demonstrate resilience despite global uncertainties.

He said easing oil prices, a stabilising outlook for US tariffs and continued strength in global economic growth are expected to support a recovery in Bangladesh's garment exports during the second half of the year.

Neumann also noted that ongoing economic reforms are beginning to yield results by strengthening private investment and domestic consumption.

"Bangladesh is on a steady path to recovery, with economic growth expected to accelerate to 4.4 percent over the coming fiscal year," he said.

Priya Kini said businesses need timely economic insights to navigate an increasingly complex global environment, adding that HSBC remains committed to helping clients identify opportunities and manage emerging risks through its global research capabilities.

HSBC Bangladesh Chief Executive Officer Md Mahbub ur Rahman said the country's next phase of development will depend on the quality and sustainability of growth.

He stressed the need for stronger risk governance, greater competitiveness and moving up the global value chain to build a diversified export base and a more resilient economy.

The event concluded with a networking session where participants exchanged views on Bangladesh's long-term economic prospects and the evolving global business environment.