Kathmandu: Prime Minister KP Sharma Oli is addressing the National Assembly today on Nepal’s graduation from the least developed country (LDC) to the status of developing country. PM Oli is expected to discuss the implications and future plans following this significant transition for the nation.
According to National News Agency Nepal, PM Oli’s address comes as a response to queries raised by lawmakers regarding the report submitted by Kamala Panta, the Chairperson of the Development, Economic Affairs and Good Governance Committee. The report details Nepal’s progression to a developing country status from LDC, projected for 2081.
Information on the address was shared by the Prime Minister’s personal secretariat, highlighting the importance of this milestone in Nepal’s economic and developmental trajectory. Lawmakers are keen to understand the strategic measures and policies that will accompany this transition to ensure sustainable development and growth.