UNGA's historic resolution to graduate Bangladesh from LDC

by IANS |

Dhaka, Nov 25 (IANS) The United Nations General Assembly (UNGA) has adopted a historic resolution to graduate Bangladesh from the least developed country (LDC) category. Bangladesh has been given five years to prepare for the graduation.

The decision was taken at the 40th plenary meeting of the 76th UNGA on Wednesday.

Graduating Bangladesh from the Least Developed Countries (LDC) category is a milestone development as the nation strides towards socio economic goals.

Adopted on November 24, 2021, Resolution A/76/L.6/Rev.1 relates to the graduation of Bangladesh, Nepal and the Lao Democratic Republic from the least developed country category.

In a tweet on Wednesday, Bangladesh's Permanent Representative to the UN Rabab Fatima said, "UNGA adopts historic resolution to graduate Bangladesh from the LDC category. What better way to celebrate the 50th anniversary of our independence & the birth centenary of Bangabandhu! Fulfillment of national aspiration & HPM's vision 2021! Joy Bangla."

The three countries will graduate from the LDC category after an exceptionally extended preparatory period of five years (the standard period is of three years) to enable them to prepare for graduation while planning for a post-Covid-19 recovery and implementing policies and strategies to reverse the economic and social damage incurred by the pandemic shock.


 

Latest News
Wall collapse near historic Ahmedabad site: 2 dead, 3 injured, vehicles buried under debris Fri, Apr 19, 2024, 05:00 PM
Aurionpro Solutions to acquire PaaS startup Arya.ai Fri, Apr 19, 2024, 04:51 PM
Maha: 5 Vidarbha constituencies record 44.12 pc polling till 3 pm Fri, Apr 19, 2024, 04:49 PM
Football: Germany head coach Julian Nagelsmann signs contract extension until 2026 Fri, Apr 19, 2024, 04:44 PM
Sensex, Nifty witness worst week since March 15 amid Iran-Israel conflict Fri, Apr 19, 2024, 04:42 PM
Nigerian military kills 192 suspected terrorists in one week Fri, Apr 19, 2024, 04:38 PM
LS polls: Priyanka Gandhi to visit Kerala for campaigning on Saturday Fri, Apr 19, 2024, 04:34 PM
One crew member killed in Russian Tu-22M3 plane crash Fri, Apr 19, 2024, 04:28 PM
7 killed in fire in Indonesia's Jakarta Fri, Apr 19, 2024, 04:28 PM
30 injured in accident on Capri ferry in Naples Fri, Apr 19, 2024, 04:27 PM
German Chancellor urges against escalation in the Middle East Fri, Apr 19, 2024, 04:24 PM
Cops nab man for impersonating Lufthansa customer care executive, duping people Fri, Apr 19, 2024, 04:22 PM
Mizoram's sole LS seat records 50 per cent polling till 3 p.m. Fri, Apr 19, 2024, 04:19 PM
Over 43 pc voting in J&K's Kathua-Udhampur LS seat till 1 pm Fri, Apr 19, 2024, 04:17 PM
Tamil Nadu records 40.05 pc voting till 1 pm Fri, Apr 19, 2024, 04:02 PM