Saturday, June 28, 2025
  • Webmail
  • Contact Us
  • About BBS
  • Privacy & Policy
ENG
DZO
BBSCL Logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
Radio Live
No Result
View All Result
BBSCL logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
No Result
View All Result
BBSCL logo
Radio LIVE

Chief Advisor stresses importance of pacing Bhutan’s LDC graduation at UN General Assembly

September 28, 2018
in Uncategorized
Reading Time: 2 mins read
0
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

Addressing the United Nations’ 73rd General Assembly in New York, the Chief Advisor Tshering Wangchuk said it’s important that Bhutan’s graduation from the Least Developed Countries (LDC) category is paced to enable the country to prepare for the impact resulting from the withdrawal of international support measures.

Bhutan was recommended for graduation from the LDC category by the United Nation’s Committee for Development Policy (UNCDP) as the country has met two of the three criterion for LDC graduation.

The committee made the recommendation at the consecutive triennial reviews of the UNCDP held in 2015 and March this year.

In June this year, the Gross National Happiness Commission (GNHC) requested the UNCDP to consider its graduation in 2023, which will coincide with the end of the 12th Five Year Plan (FYP).

Bhutan is actually scheduled for graduation in 2021.

The GNHC said Bhutan sought an extension of the standard three year transition period by additional two years in recognition of the work that needs to be continued and to prepare not only for graduation but also beyond graduation.

The Chief Advisor highlighted this in his address at the UN General Assembly.

“The forthcoming 12th five-year national development plan from 2018 to 2023 is critical as it’s Bhutan’s last plan as an LDC and will serve as a transition strategy for graduation. Efforts during the period will focus on consolidating past progress and addressing the remaining last mile challenges to build a strong foundation for a vibrant, resilient and sustainable economy towards achieving SDGs,” he said.

The Chief Advisor said Bhutan looks forward to undertaking its graduation from LDC in a sustainable manner by building productive capacity and economic resilience to ensure there is no back slippage on the hard-earned development gains.

“The pace of graduation must be able to absorb the withdrawal of international support measures. A smooth transition is thus critical to ensure that graduation is sustainable and does not disrupt the ongoing development plans and processes,” he added.

Bhutan has achieved two of the three thresholds to be eligible to graduate from the LDC category. They are the Gross National Income (GNI)  Index and the Human Asset Index.

The GNI threshold of three-year average for graduation is US$ 1,242 per person. Bhutan has met this criterion with its GNI per person standing at more than USD 2,400 as of March 2018.

The country’s Human Asset Index has improved from 45 in 2000 to close to 73 in 2018, driven mainly by an increase in gross secondary education enrollment.

The third and the final threshold that Bhutan has not been able to achieve is the Economic Vulnerability Index threshold.

“Bhutan continues to face serious challenges in terms of its narrow economic base and vulnerability to natural disasters,” the Chief Advisor told the gathering of world leaders.

He also called for action at international, regional, national and local levels to combat the threats of climate change.

He added Bhutan remains committed to upholding its 2009 commitment to remain carbon neutral and reaffirms its pledge to fulfilling its commitments to the Paris Agreement for Climate Change.

He also reported that Bhutan is well on track in terms of achieving the sustainable development goals (SDGs).

Previous Post

DPT promises to build southern internal highway

Next Post

Man sentenced for molestation

Next Post

Man sentenced for molestation

Phuentshogling court sentences two men in drug case

Phuentshogling court sentences two men in drug case

Nangar-Chamkhar highway in need of maintenance

Nangar-Chamkhar highway in need of maintenance

Please login to join discussion

RECOMMENDED NEWS

Deed of lease signed for Bhutanese embassy’s plot in Dhaka

6 years ago
4
COVID-19 disrupts supply of power tillers in the peak season

COVID-19 disrupts supply of power tillers in the peak season

5 years ago
3
Facilitating smooth mode of transportation for persons living with disabilities

Facilitating smooth mode of transportation for persons living with disabilities

5 years ago
2

Thousands of face masks distributed to front liners, Project HOPE

4 years ago
1

BROWSE BY CATEGORIES

  • Accidents (14)
  • Agriculture (439)
  • Announcement (179)
  • Audience Survey Report (1)
  • Business (759)
  • Crime/Legal (370)
  • Culture (48)
  • Development (57)
  • Disaster (57)
  • Economy (289)
  • Education (419)
  • Entertainment (16)
  • Environment (66)
  • Feature (65)
  • Featured (6)
  • Festival (81)
  • GMC (14)
  • Headlines (5)
  • Health (630)
  • Legal (53)
  • Literature (9)
  • Livestock (76)
  • Media (26)
  • Other Stories (5,687)
  • Politics (419)
  • RCSC (1)
  • Recent stories (6)
  • Religion (45)
  • Sci/Tech (712)
  • Social (548)
  • Sports (456)
  • Technology (191)
  • Tourism (22)
  • Uncategorized (13,868)
  • Video (141)
  • Video Story (257)
  • Wildlife (42)

BROWSE BY TOPICS

Tender Announcement Vacancy Announcement

POPULAR NEWS

  • BPC’s investigation rules out transformer short circuit as Damchhu forest fire cause

    Viral video of Bhutanese man assaulted by locals and police in Jaigaon sparks safety concerns

    0 shares
    Share 0 Tweet 0
  • Gelephu Mindfulness City opens recruitment drive for Bhutanese professionals

    0 shares
    Share 0 Tweet 0
  • A centenarian’s recipe to longevity

    0 shares
    Share 0 Tweet 0
  • 40 companies risk closure over failure to submit financial reports

    0 shares
    Share 0 Tweet 0
  • Post-mortem confirms foul play: Progress in investigation of 24-year-old woman’s death

    0 shares
    Share 0 Tweet 0
BBSCL

Bhutan Broadcasting Service (BBS) is Bhutan’s primary national broadcaster, delivering diverse news and entertainment in multiple languages, fostering cultural understanding and public knowledge.

Follow us on social media:

Recent News

  • Lead exposure may be contributing to high anaemia levels among children in Bhutan
  • MoIT imposes moratorium on issuance of taxi driving licence
  • Book on temples and monasteries of Trongsa’s Drakteng wins Dzongkha Booker Prize
  • Shumar Cheden Tshephel Detshen becomes self-reliant with own milk processing unit
  • Fire risk from phones at fuel depot low but never non-existent

News Category

  • Accidents
  • Agriculture
  • Announcement
  • Audience Survey Report
  • Business
  • Crime/Legal
  • Culture
  • Development
  • Disaster
  • Economy
  • Education
  • Entertainment
  • Environment
  • Feature
  • Featured
  • Festival
  • GMC
  • Headlines
  • Health
  • Legal
  • Literature
  • Livestock
  • Media
  • Other Stories
  • Politics
  • RCSC
  • Recent stories
  • Religion
  • Sci/Tech
  • Social
  • Sports
  • Technology
  • Tourism
  • Uncategorized
  • Video
  • Video Story
  • Wildlife
  • Webmail
  • Contact Us
  • About BBS
  • Privacy & Policy

© 2024 BBSCL. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule

© 2024 BBSCL. All rights reserved.