Bhutan dropped from UN list of least developed countries

Bhutan dropped from UN list of least developed countries

Daily Current Affairs / Bhutan dropped from UN list of least developed countries

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Category : International Published on: March 20 2023

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At the United Nations Least Developed Countries (LDCs) summit, which concluded in Doha, Qatar on March 9, the Himalayan Kingdom of Bhutan has now dropped out of the list of LDCs and has become the seventh country to drop out of the list.
Bhutan was first admitted into the group of LDCs in 1971.
However, in the last few decades it has made amazing progress on various socio-economic parameters.
Bhutan first completed the qualification required for postgraduates in 2015, and again in 2018.
Bhutan was therefore planned to be postgraduate in 2021.
The UN in the 1960s began to recognise some of the most vulnerable and disadvantaged countries in the international community, considering factors such as development capacity, socio-economic parameters, lack of domestic financing, and geographical location.
Currently, 46 countries across Africa, Asia, Caribbean and the Pacific are categorised as LDCs. The LDCs host about 40% of the world’s poor.
Some countries on the LDC list are Burkina Faso, Senegal, Rwanda, Bangladesh, Bhutan, Nepal, Solomon Islands, and Haiti.

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