BD making progress in graduation from LDC

UN Resident Coordinator and UNDP Resident Representative in Bangladesh Mia Seppo praised on Monday Bangladesh's progress in graduating from Least Developed Country (LDC) category.

Lauding Bangladesh's support for Rohingya people, she said the United Nations (UN) will continue its support for addressing Rohingya issue.

Ms Seppo gave her assurance during a view-exchange meeting with Commerce Minister Tofail Ahmed at the latter's secretariat office.

"Bangladesh is making progress towards its graduation from LDC status. It is a tremendous example and also a remarkable journey," she said.

Ms Seppo added: "Bangladesh maintains competitiveness. It will be able to diversify the economy and achieve inclusive growth. The country creates jobs for young people."

During the meeting, the UN resident coordinator also highly appreciated Prime Minister Sheikh Hasina for providing shelter to Rohingya refugees, saying that her (Hasina) government showed an incredible compassion in this regard.

In addition, she lauded the government's efforts and good management in providing assistance, support and shelter to a large number of refugees.

The commerce minister said the UN has praised Bangladesh for its different achievements. The country is on right track to graduate from the LDC status, he added.

"Most recently Global Economic Prospects, a report of the World Bank, mentioned that the economic activity in Bangladesh will be brighter between the fiscal years (FYs) 2018-19 and 2019-2020, benefiting from strong domestic demand and strengthening exports," he said.

Replying to a question, the commerce minister expressed the hope that Australia would withdraw its ban on air cargo flight from Dhaka soon.

Secretary of the Ministry of Commerce Shubhashish Bose and other high officials of the ministry were also present at the meeting.

[email protected]