Five Asian countries ¨C Bangladesh, Lao PDR, Myanmar, Nepal and Timor-Leste ¨C could be leaving the least developed countries (LDC) category as soon as 2024, joining Angola, Bhutan, Sao Tome and Principe, Solomon Islands and Sao Tome and Principe, which are already set to graduate in the coming years.
At its annual plenary meeting, from 24 to 27 February 2020, the UN Committee for Development Policy?(CDP) will lay the groundwork for next year¡¯s Triennial Review, when it will make recommendations on these five countries and identify additional states that meet the criteria for starting the multi-year graduation process.
Graduation from the LDC category is a milestone in the development process, but the progressing countries still require dedicated support to confront their sustainable development challenges. What support is needed and how it can be delivered will be a central focus of the Committee¡¯s deliberations this year.
Established by the 51³Ô¹Ï in 1971 and currently comprising 47 countries, the LDC category aims to assist low-income countries that are? highly vulnerable to economic and environmental shocks and have low levels of human assets.
In addition to the LDC issues, the Committee will also make recommendations for the?decade of action to achieve the Sustainable Development Goals (SDGs)?and discuss its analysis of countries¡¯ Voluntary National Reviews of SDG?progress.
The UN Committee for Development Policy comprises 24 internationally renowned experts in development policy from all over the world. While the Committee¡¯s Plenary meetings are closed, it will hold one open session on Tuesday, 25?February at 3 pm, to discuss ¡°Development Policy and New Inequalities.¡± Additionally, on 27 February the Committee will brief Member States on its deliberations on LDC issues.
For more information:
Committee for Development Policy