HSBC's Chief Asia Economist predicts 5.9% and 6.3% GDP growth for Bangladesh's upcoming fiscal years.
HSBC's Chief Asia Economist, Frederic Neumann, highlighted Bangladesh's bright economic outlook, despite global uncertainty. He predicts a 5.9% GDP growth for the coming fiscal year and a 6.3% growth for the next. This growth is expected to be supported by household spending, remittances, and investment spending. HSBC advises Bangladesh to capitalize on the near-record foreign direct investments flowing into Asia.
May 15, 2024
5 Articles