Bangladesh getting 3yr time extension for LDC graduation
Bangladesh, July 23 -- Bangladesh is set to get three-year extension for graduation from the least-developed country (LDC) status as the United Nations Economic and Social Council (ECOSOC) is going to recommend the much-needed breather, officials say.
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Nepal is another South Asian nation likely to get the time extension for graduation alongside Bangladesh.
Highly placed sources have said both the countries are going to receive three more years up to November 2029 for the transition as well taking preparation for the graduation to a developing nation.
The recommendation will now be forwarded to the United Nations General Assembly (UNGA) for final ratification during its upcoming high-level session this September, they said...
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