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      • Promoting citizens’ participation in democracy through civic activism
    • Thirty Years of CPD
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    • Project Budget
      • Securing Green Transition of the Textile and RMG Sector in Bangladesh
      • Green Cities Initiative
      • Exploring “Development Effectiveness” at the Sectoral Level in Southern Countries
      • Towards a People-Centric Public Financial Management in Bangladesh
      • Life after Life in Post-COVID-19 World
      • Transformative Economic Policy Programme Bangladesh (TEPP)
      • Upgrading the institutional base of CPD power and Energy Unit
      • Task Force on Climate, Development and The IMF
      • To See the Impact of Power and Energy Transition from Fossil Fuel to the Renewables on Employment
      • Revision of the Minimum Wage of RMG Workers in 2023
      • Key development issues for setting a national agenda from LNOB
      • Inclusive, Sustainable Economic Transformation-Creating ODI Nexas
      • G7 Summit in 2023-Call for Global Initiative for Ending support for Fossil fuels
      • Facilitating Business Through Better Access to Regulatory, Institutional and Operational Information
      • Enabling of the Budget Help Desk-2023
      • Bangladesh’s Emerging External Debts Servicing Scenario-Are There Reasons to be concerned
      • Aligning Policies with Bangladesh’s Aspiration
      • Civil Society Monitoring on Occupational Safety and Health (OSH)
      • Project-Doing Good Index-2024
      • Emergence and Evolution of Citizen’s Platform for SDGs Bangladesh
      • Policy Adaptation and Impact Tracking in the Post Pandemic Era
      • Social Protection for Workers in the Textile and Leather Sector
      • Strengthening Institutional Capacities
      • Technical Assistance to Support the Implementation of the PFM Reform Plan
      • Towards People Centric Public Finance Management in Bangladesh
      • 14th South Asia Economic Summit
      • China Bangladesh Renewable Energy Partnership
      • Energy Transition for Addressing Energy Crisis in Bangladesh
      • How relevant is the MDB reform discourse for Southern MDBs
      • Strengthening The Stakes of Disengaged youth during the dual transition of Bangladesh
      • To support development collaboration for climate change and gender equality
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      • Localizing SDG
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Home Professional Engagement Debapriya Bhattacharya
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Graduating LDCs will face financial shocks: Dr Debapriya

October 20, 2019

Twelve least developed countries (LDCs) are to exit from the group in the next decade. These graduating LDCs are to face financial shocks as they lose access to concessional finance. This was mentioned by Dr Debapriya Bhattacharya, Distinguished Fellow, Centre for Policy Dialogue (CPD) at a session on “International Support Measures (ISMs) for Graduating LDCs”. The session was held in Geneva on 10 October 2019, in the side line of the WTO Pubic Forum. The event was jointly organised by Friedrich-Ebert-Stiftung (FES) and CPD.

Dr Debapriya elaborated the unfolding graduation scenario of the LDCs and the related resource concerns. He focused on the financial flashpoints of these countries due to low level of domestic resource mobilisation and modestly high external debt of these countries.

Dr Debapriya highlighted the need to acquire capacity to access non-traditional forms of finance such as blended finance and climate finance. He further underscored the need for ISMs from the graduating LDCs to ensure their smooth and sustainable transition.

The session was chaired by H E Mr Barrett Salato, Ambassador and Permanent Representative of Solomon Islands to the United Nations Office and other International Organizations. Speakers of the session included H E Perks Clemency Ligoya, Permanent Mission of the Republic of Malawi to the United Nations Office and other international organizations in Geneva, Ambassador Extraordinary and Plenipotentiary Permanent Representative H E Mr Refiloe Litjobo, Permanent Mission of the Kingdom of Lesotho to the United Nations Office and other international Organizations in Geneva, Ambassador and H E Ms Mere Falemaka, Permanent Representative of the Pacific Islands Forum to the WTO in Geneva, Shishir Priyadarshi, Director of Development Division, WTO, Dr Ratnakar Adhikari, Executive Director of the Enhanced Integrated Framework Executive, Secretariat, WTO,  Mr Rolf Traeger, Head of LDC, UNCTAD Branch and Mr Charles Gore, former lead author of UNCTAD LDC Report. Delegates from permanent Missions of Bangladesh, Malawi, and Vanuatu also participated in the discussion.

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