Staff Reporter :
Some six countries across the world including Bangladesh have their chances of graduating out of least developed countries (LDCs) status by 2024, says a report of United Nations Conference on Trade and Development (UNCTAD).
According to the report titled “Least Developed Countries Report 2016: The path to graduation and beyond: Making the most of the process”, seven other LDCs may also come out of the league by 2021 entering the middle income category” released earlier this week.
Global poverty is increasingly concentrated within the group of 48 LDC countries, which are falling further behind the rest of the world in terms of economic development.
Moreover, two African LDCs – Equatorial Guinea and Angola – are set to graduate from the category in 2017 and 2020 respectively. One Pacific LDC, Vanuatu, would also come out of the league in 2017.
Local think tank Centre for Policy Dialogue (CPD) unveiled the report in a press conference held in Dhaka on Saturday.
UNCTAD projected that Bangladesh’s pre-eligibility for graduation will be completed in 2018 and, in 2021, the country will comply with all three criteria by becoming fully statistically eligible for graduation.
Some six countries across the world including Bangladesh have their chances of graduating out of least developed countries (LDCs) status by 2024, says a report of United Nations Conference on Trade and Development (UNCTAD).
According to the report titled “Least Developed Countries Report 2016: The path to graduation and beyond: Making the most of the process”, seven other LDCs may also come out of the league by 2021 entering the middle income category” released earlier this week.
Global poverty is increasingly concentrated within the group of 48 LDC countries, which are falling further behind the rest of the world in terms of economic development.
Moreover, two African LDCs – Equatorial Guinea and Angola – are set to graduate from the category in 2017 and 2020 respectively. One Pacific LDC, Vanuatu, would also come out of the league in 2017.
Local think tank Centre for Policy Dialogue (CPD) unveiled the report in a press conference held in Dhaka on Saturday.
UNCTAD projected that Bangladesh’s pre-eligibility for graduation will be completed in 2018 and, in 2021, the country will comply with all three criteria by becoming fully statistically eligible for graduation.
