CDP Recommends for Nepal’s Graduation from the LDC Category

The United Nations Committee for Development Policy (CDP) has recommended for Nepal’s graduation from the Least Developed Country (LDC) category with preparatory period of five years. This means that the graduation of Nepal would be effective in 2026.

The CDP, in its triennial review held from 22 to 26 February 2021, made this recommendation as Nepal had met the criteria for graduation for three consecutive reviews. Out of three indices which the CDP considers while deciding on the question of graduation – GNI per capita, Human Assets Index (HAI), and Economic and Environmental Vulnerability Index (EVI), Nepal met the thresholds for the latter two, thus being eligible for graduation, according to the Permanent Mission of Nepal to the United Nations, New York.