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Titumir Calls for Enhanced UN Support to Ensure Smooth LDC Graduation

Bangladesh's adviser on Finance and Planning, Dr. Rashed Al Mahmud Titumir, has requested stronger United Nations support to ensure a smooth and sustainable graduation from the Least Developed Country (LDC) category.

By Staff Correspondent
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Titumir seeks stronger UN support for smooth LDC graduation | News
BSS

Dr. Rashed Al Mahmud Titumir, prime minister's adviser on the ministries of Finance and Planning, has sought stronger United Nations support to ensure Bangladesh's smooth and sustainable graduation from the Least Developed Country (LDC) category while accelerating implementation of the Sustainable Development Goals (SDGs). During separate meetings at UN Headquarters with UN Under-Secretary-General for Economic and Social Affairs Li Junhua, UN Under-Secretary-General and Executive Secretary of UNESCAP Armida Salsiah Alisjahbana, and UNDP Assistant Secretary-General and Regional Director for Asia and the Pacific Kanni Wignaraja, Dr. Titumir underscored Bangladesh's request for a three-year extension of the LDC graduation preparatory period. He said the extension would help maintain macroeconomic stability, ensure effective implementation of the Smooth Transition Strategy and facilitate sustainable and irreversible graduation from the LDC category.

UN Support and Pledges

Li Junhua reaffirmed UN DESA's support for Bangladesh's development journey, pledged cooperation in the LDC transition process and praised the government's Universal Social Security Protection System. Armida Salsiah Alisjahbana reiterated UN-ESCAP's support for Bangladesh's LDC transition, regional connectivity and climate resilience. Kanni Wignaraja reaffirmed UNDP's commitment to supporting democratic governance, institutional reforms and Bangladesh's sustainable development priorities.

Government's Reform Agenda

Dr. Titumir emphasized that the government's democratic mandate has strengthened its reform agenda, focusing on institutional reform, accountable governance and people-centred development. He also highlighted the government's 3R Strategy-Recovery, Restoration and Reconstruction for Acceleration as the roadmap for restoring economic stability and advancing long-term development.

Source: BSS

FAQ

Why does Bangladesh need an extension of the LDC preparatory period?
The extension is requested to maintain macroeconomic stability, ensure effective implementation of the Smooth Transition Strategy, and facilitate sustainable and irreversible graduation from the LDC category.
What support has the UN pledged to Bangladesh?
The UN has pledged support in the LDC transition process, regional connectivity, climate resilience, democratic governance, and institutional reforms.

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