Saturday, August 1, 2026

Time extension to graduate Nepal to a developing nation.

 Until when has the government recently requested the United Nations for a time extension to graduate Nepal to a developing nation?

Answer:

  • Year 2030

Details & Context:

  • In 1971, 52 countries in the world with low per capita income were included in the list of Least Developed Countries (LDCs).

  • To graduate, there is a provision requiring a country to meet any two of the three main indicators: PCI (Per Capita Income), HAI (Human Assets Index), and EVI (Economic and Environmental Vulnerability Index).

  • Special Provision: If a country's per capita income reaches triple the designated threshold—that is, $3,918 USD—it can graduate based on that single indicator alone.

  • Based on these targets, 8 countries have graduated so far. Currently, the total number of Least Developed Countries is 44.

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