Finance Minister AMA Muhith has said Bangladesh will officially remain as a least developed country (LDC) until 2024 in the United Nations list, but it will be regarded as a developing country globally. He made the statement on Wednesday while addressing a press briefing at the Finance Ministry on a five-day program to celebrate Bangladesh’s LDC graduation. Also Read- PM: Bangladesh’s LDC graduation a slap on ‘bottomless basket’ name-callersOn March 23, a seminar will be held at Radisson Blu Dhaka Water Garden. “That is why we will celebrate the LDC graduation even though we have to wait until 2024 for the final graduation from the LDC group to a developing country,” he said. Once graduated, Bangladesh will not be eligible for support measures given to LDCs accordedby multilateral institutions such as the WTO.

Source: Dhaka Tribune March 21, 2018 07:52 UTC