Dhaka, March 11 -- Dr Anisuzzaman Chowdhury, the newly appointed special assistant to the chief adviser for overseeing the Ministry of Finance, said on Tuesday that the government is carefully reevaluating Bangladesh's transition from Least Developed Country (LDC) status, taking into account current global and local economic challenges.

"A committee, headed by principal secretary, has already been formed to assess the issue of LDC graduation. The committee has already started their work. I think, within a short time, we can take a decision on it," he said at a press briefing after meeting with Finance Adviser Dr Salehuddin Ahmed at the Ministry of Finance in the city.

Bangladesh is scheduled to be graduated from the LDC to a developing na...