A
UN expert committee has announced that four countries could soon “graduate”
from the ranks of the world’s poorest and most vulnerable nations.
The
four countries are: Bhutan, Kiribati, Sao Tome and Principe and the Solomon
Islands, according to Mr Jose Ocampo, chair of the Committee for Development
Policy (CDP).
Ocampo
said the countries had increased national earning power and improved access to
health care and education, making them eligible to exit the group of least
developed countries (LDCs).
“This
is an historic occasion,” Ocampo, said, noting that only five countries had
graduated since the UN established the LDC category in 1971.
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