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Bangladesh embassy celebrates country's removal from LDC category
March 25, 2018, 12:29 pm

The United Nations Committee for Development Policy (CDP) on completion of its review announced on 15 March that Bangladesh has met the graduation criteria for the first time and will move forward from the least developed country (LDC) category.

On 22 March, the Embassy of Bangladesh in Kuwait marked the national historic celebration of Bangladesh's graduation with a discussion program held at the multipurpose Hall of the Embassy with the presence of a large gathering of Bangladeshi members, local businessmen, media personnel and other prominent guests. Officials of the Bangladesh Embassy, Bangladesh Military Contingent (BMC), Official of Biman Bangladesh Airlines and other dignitaries were present at the event. Labour consellor Abdul Latif Khan discussed extensively about the historic achievement.  Many among the Bangladeshi expatriates in Kuwait participated in the discussion session and they highlighted the significance and importance of the day.

Ambassador of Bangladesh to Kuwait H.E. S.M. Abul Kalam also voiced his opinions on Bangladesh’s achievement of this historical moment which was dreamed by the Father of the Nation Bangabandhu Sheikh Mujibur Rahman to build a prosperous 'Sonar Bangla'. The Bangladeshi  Ambassador also said that the CDP of United Nations on completion of its review of the three categories mentioned that Bangladesh has attained all the three criteria (Per Capita GNI, Human Asset index (HAI) and Economic Vulnerability Index (EVI) for graduation from the group of Least-Development Countries (LDC's).

Accordingly, the United Nations Committee for Development Policy (CDP) announced on 15 March, 2018 that Bangladesh has met the graduation criteria for the first time. Bangladesh could meet all the three criteria in this year's review by the CDP due to its per capita GNI being USD 1610 whereas this year the threshold set by CDP for this year was USD 1230. The HAI of Bangladesh is 72.9 whereas the threshold was 66.

The EVI of Bangladesh is 72.9 whereas the threshold was 32. The Ambassador Kalam further added that it was possible due to the visionary leadership of the Hon'ble Prime Minister Sheikh Hasina.

As part of the national celebration of Bangladesh's graduation from the LDC category, the Bangladesh Embassy declared a 'Consular Service' for the period 20-26 March aiming to highlight the government's continues efforts to deliver quick and efficient public services to the people. After completing the discussion session, a colorful cultural program was organized to mark the historical day. Finally, refreshments were arranged for all the guests.

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