Bangladesh, Oct. 31 -- Bangladesh's three-year postponement of its graduation from the least developed country (LDC) category offers valuable breathing space, but the country must use the extra time to address underlying economic vulnerabilities, economist Fahmida Khatun has said.

The United Nations General Assembly on Thursday approved a revised graduation date of November 24, 2029, instead of November 24, 2026, giving Bangladesh more time to prepare for the economic and trade-related consequences of leaving the LDC category.

Dr Fahmida Khatun, honorary fellow at the Centre for Policy Dialogue (CPD), welcomed the extension but cautioned that additional time alone would not resolve the country's structural economic challenges.

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