New Delhi, July 18 (IANS) Bangladeshi government acknowledged that the country’s graduation from the United Nations’ Least Developed Country (LDC) category this year could worsen an already fragile economy, a new report has said.Due to high inflation, falling exports, and rising energy and fertiliser bills over the Middle East crisis, Bangladesh has asked for a three‑year extension to prepare for the loss of trade preferences, the report from Bangladesh-based The Daily Star said, citing a …
Latest UN Committee for Development Policy News & Updates
Kathmandu, May 22 (IANS) Nepal has formally requested the United Nations to defer its scheduled graduation from the Least Developed Country (LDC) category, citing mounting economic challenges, global uncertainties, and concerns over the country’s preparedness for the transition.Nepal was due to graduate from the LDC category in November 2026, a milestone that would mark the country’s progress in human development and economic resilience.However, as the deadline approaches, concerns have intensif…