‘Bangladesh fully prepared for LDC graduation in 2026’

Special Correspondent Published: 15 April 2025, 04:52 PM | Updated: 15 April 2025, 05:48 PM
‘Bangladesh fully prepared for LDC graduation in 2026’
Anisuzzaman Chowdhury, Special Envoy of the Chief Adviser, holds a press briefing at the Foreign Service Academy on Bailey Road on Tuesday. – Jago News Photo

Bangladesh is "fully prepared" to graduate from Least Developed Country (LDC) status in 2026, said Anisuzzaman Chowdhury, Special Envoy of the Chief Adviser, at a press briefing on Tuesday.  

Speaking at the Foreign Service Academy on Bailey Road, Anisuzzaman noted that the Covid-19 pandemic delayed what could have been an earlier graduation. 

“The LDC aircraft is now in flight—there is no scope for an emergency landing,” Anisuzzaman said. “No matter the hurdles, we cannot afford to backtrack on our transition.”

He stressed the need for self-reliance over dependence, adding, “We must shed the mindset of seeking aid. Every effort will be made to overcome the challenges that lie ahead.”

To ensure close oversight, Chief Advisor Professor Muhammad Yunus will personally monitor the transition process. Additionally, a high-level search committee will be formed to address all issues related to the graduation. The committee will include both government officials and private sector experts, aiming to create a comprehensive and collaborative approach to a smooth transition.

Anisuzzaman said Bangladesh remains on track for LDC graduation in 2026, though it could have achieved the milestone in 2024 without pandemic disruptions.  

"Even countries weaker than us have successfully graduated," he remarked, underscoring Bangladesh's readiness.  

He also said the government has implemented policies to ensure a smooth transition, addressing economic stability and global competitiveness.  

Chief Adviser’s Press Secretary Shafiqul Alam and Deputy Press Secretary Abul Kalam Azad Majumder also attended the briefing.  

LDC graduation marks a significant leap in Bangladesh’s development journey, unlocking new trade opportunities and global recognition. However, it also means losing certain international support measures, necessitating strategic planning.