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MONDAY, MAY 12, 2025
CA Yunus urges swift, coordinated action for LDC graduation

Bangladesh

TBS Report
11 May, 2025, 02:15 pm
Last modified: 11 May, 2025, 02:34 pm

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CA Yunus urges swift, coordinated action for LDC graduation

Emphasising the importance of institutional readiness, Yunus called on all stakeholders to move in unison

TBS Report
11 May, 2025, 02:15 pm
Last modified: 11 May, 2025, 02:34 pm
Photo shows the high-level meeting with the LDC Graduation Committee held at the State Guest House Jamuna on Sunday, 11 May 2025. Photo: CA Press Wing
Photo shows the high-level meeting with the LDC Graduation Committee held at the State Guest House Jamuna on Sunday, 11 May 2025. Photo: CA Press Wing

Chief Adviser Muhammad Yunus has called for urgent and coordinated action from all relevant agencies to ensure Bangladesh's smooth and timely graduation from Least Developed Country (LDC) status.

He made the remarks during a high-level meeting with the LDC Graduation Committee held at the State Guest House Jamuna, where progress on key deliverables was reviewed, reads a release from CA Press Wing.

"This whole thing is about coordination," said the chief adviser. "We already have the attention and support of investors, funders, and development partners. Now, we must build on the efforts already underway and intensify our collective action to move forward with speed and purpose," he added.

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Emphasising the importance of institutional readiness, Yunus called on all stakeholders to move in unison.

"We need a team that functions like firefighters. When the whistle blows, they must respond—fast, efficiently, and without delay and stay at the problem until it is solved," he said.

He further assured that the Chief Adviser's Office will take an active role in overseeing the process. 

"The highest office of the government will personally monitor the implementation of all graduation-related initiatives," he added.

During the meeting, the LDC Graduation Committee identified five priority actions that must be completed on an urgent basis. 

Among the actions are full operationalisation of the National Single Window with participation from all relevant agencies; implementation of the National Tariff Policy 2023 through a clear action plan; execution of key measures under the National Logistics Policy 2024 including infrastructure projects; operational readiness of the Effluent Treatment Plant (ETP) at Savar Tannery Village; and full-scale operation of the Active Pharmaceutical Ingredient (API) Park in Munshiganj's Gajaria.

"These aren't just routine tasks — we need to see them as key steps, each one helps clear the way for our graduation and builds a stronger, fairer economy for everyone", added the chief adviser.

Finance Adviser Salehuddin Ahmed, Chief Adviser's Special Assistant Anisuzzaman Chowdhury, Chief Adviser's Special Envoy for International Affairs Lutfey Siddiqi, attended the meeting, alongside members of the LDC Graduation Committee and policy advisers.

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Chief Adviser Muhammad Yunus / Bangladesh’s LDC Graduation

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