UN resolution on Bangladesh graduation from LDC is great milestone: Kamal

GBNEWS24DESK//

Finance Minister AHM Mustafa Kamal has termed the approval of the resolution by the United Nations to graduate Bangladesh from the LDC status as a ‘great milestone’ towards the development march of the country, reports BSS.

The United Nations General Assembly (UNGA) has approved a resolution to allow Bangladesh to graduate to the developing county grouping from the least developed country (LDC) category 45 years after it was included in the LDC category.

The UNGA adopted the historic resolution at its 40th plenary meeting of the 76 session, said a Finance Ministry press release today.

“This historic achievement is a great milestone to the development journey of Bangladesh. This outstanding achievement has come through the visionary and determined leadership of Prime Minister Sheikh Hasina,” he said.

Kamal said this is an international recognition of the indomitable development march of Bangladesh being made over the last one decade under the directives from the prime minister.

“People from all walks of life are part of this success,” he said.

It is notable that Bangladesh is the lone country to acquire the eligibility for graduation after fulfilling all the three criteria set by the UN. This outstanding feat of Bangladesh will brighten further the image of the country in the global arena and thus expedite the development spree.

Bangladesh has got the recognition by the UN through approval of a resolution that coincided with the celebration of the golden jubilee of country’s independence and birth centenary of Father of the Nation Bangabandhu Sheikh Mujibur Rahman.

The release also said that in order to continue the existing facilities as well as ensuring smooth and sustainable graduation, necessary policy strategies and steps have been taken under the guidance of the Prime Minister’s Office (PMO) taking alongside the private sector and the development partners.