15 February 2024 -
The Doha Programme of Action for LDCs (least developed countries), adopted by UN member states in 2022, emphasizes that LDCs need assistance to help them graduate from their least-developed status and outlines a smooth transition plan. Some LDCs, however, are using their own proactive strategies to not only graduate from the LDC category but to do so on a solid footing that ensures a sustainable and irreversible graduation. Cambodia, which is projected to graduate from LDC status by 2027, is one such country. The country has even taken bold steps to expedite its transition to an upper-middle-income country by 2030 and a high-income country by 2050.