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Asian Development Bank
The Asian Development Bank considers whether or not a country is an LDC when classifying countries for the purposes of concessional financing. Above a certain income threshold, and depending on creditworthiness and other factors, a country may be reclassified (from ※Group A§ to ※Group B§ or from ※Group B§ to ※Group C§ 每 see here for more information). Being an LDC may be grounds for a country to remain in their original category. Graduation could mean moving to Group B or Group C, depending on the country*s situation. The policy is summarized in the table below. Reclassification across groups is not, however, a mechanical process, and is addressed on a case-by-case basis based on multiple criteria.
Creditworthiness |
Per Capita GNI Cutoff | ||
Below the per capita GNI cutoff | Above the per capita GNI cutoff | ||
LDC | Other | ||
Lack of | Concessional assistance only (Group A) | Concessional assistance only (Group A) | OCR blend (Group B) |
Limited | OCR blend (Group B) | OCR blend (Group B) | OCR blend (Group B) |
Adequate | OCR blend (Group B) | OCR blend (Group B) | Regular OCR-only (Group C) |
Source: adapted from Asian Development Bank, 2019
Source and further information:
- On the ADB website: ;
- Asian Development Bank (2019), ※, issued on 23 April 2019.