In recent years, Bangladesh has been widely recognized as a remarkable achiever in the field of socioeconomic development. As a result, Bangladesh has been able to formally meet all the criteria for graduation for the first time in the CDP’s latest triennial review held on March 12-16, 2018.
How many countries have graduated so far?Sustinbd2020-11-07T08:06:41+00:00
To be eligible for graduation, a country must meet graduation thresholds for at least two of the aforementioned three criteria, or its GNI per capita must exceed at least twice the threshold level.
To be recommended for graduation, a country must be found eligible at two successive triennial
reviews by the CDP.
The Committee for Development Policy (CDP), a subsidiary body of the UN Economic and Social Council (ECOSOC) is mandated to review the category of LDCs every three years and monitor their progress after graduation from the category.
What are the criteria for identification of LDCs?Sustinbd2020-11-07T07:33:46+00:00
Least Developed Countries or LDCs are those countries which are below the threshold of Gross National Income (GNI) per capita, Human assets Index (HAI) and Economic vulnerability index (EVI) set by the United Nations. LDCs are usually low-income countries confronting severe structural impediments to sustainable development.