Mohammadi News Agency News – Features – Photo
MNA Business Desk: Bangladesh has termed it a historic day as it attained all three criteria for graduation from the least-developed country (LDC) group to developing one.
“It’s a historic day for us. I am delighted to inform you that Bangladesh has fulfilled the criteria for graduation from the LDC category for the first time,” said Permanent Representative of Bangladesh to the UN Ambassador Masud Bin Momen.
Roland Mollerus, Chief, Secretariat of the Committee for Development Policy (CPD) handed over Ambassador Masud Bin Momen an official letter conveying this announcement.
The UN Committee for Development Policy (CDP) determines the graduation of a least developed country from the LDC category on the basis of its meeting at least two of the three criteria which are Per Capita GNI, Human Asset index (HAI) and Economic Vulnerability Index (EVI).
Bangladesh could meet all the three criteria in this year’s review by the CDP.
