Myanmar efforts to move out of LDC category on
Thursday, 24 July 2014
YANGON, July 23 (Xinhua): Myanmar has set up a national-level committee in an effort to move the country out of least developed country (LDC) category, state media reported today.
Presided by Vice President U Nyan Tun, the committee has been assigned to help Myanmar graduate from LDC category.
U Nyan Tun stressed at a meeting at the President's Office the need of a time frame to make systematic preparations in cooperation with UN organisations so as to make Myanmar move out of three criteria in line with the 2015 UN Millennium Development Goals (MDGs).
The three criteria identifying LDC are based on gross national income, human assets index and economic vulnerability index.