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LDC Graduation: A Day to Rejoice-538312

Commentary
Dr Akhter Hussain
27th February, 2021 10:08:05
After about fifty years of independence, Bangladesh is successfully going to be graduated from the status of ‘Least Developed Country’ to a developing country. On Friday night, the United Nations Committee for Development Policy has recommended Bangladesh's graduation from Least Developed Country (LDC) status on the basis of its findings that Bangladesh has met all three eligibility criteria for graduation. The eligibility for graduation includes meeting two of the three LDC identification criteria: per capita gross national income (GNI), the human assets index (HAI), and the economic vulnerability index (EVI).
The process of graduation is long drawn as the graduating country must meet eligibility criteria at two consecutive triennial reviews. After a country is found to be eligible for graduation for the first time, the UN Department of Economic and

India , Bangladesh , Pakistan , Dhaka , Pakistanis , Bangabandhu-sheikh-mujibur-rahman , Committee-for-development-policy , United-nations-committee-for-development , Un-department-of-economic , World-bank , Department-of-public , Least-developed-country