Dhaka, Feb. 20 -- The Government of Bangladesh has formally sought a three-year postponement of the country's graduation from the United Nations' Least Developed Country (LDC) category, citing prolonged global and domestic economic pressures that have disrupted its transition plans.
According to officials at the Economic Relations Division (ERD), a letter requesting the deferral was sent on February 18 to the United Nations Committee for Development Policy (CDP). The letter, signed by ERD Secretary Md Shahriar Kader Siddiky, will be considered during the committee's upcoming session scheduled from Feb 24- 28.
Conveying its message, the government stated that the five-year preparatory period initially granted for its LDC graduation had bee...