Cambodia to remain among least developed countries, for now
Cambodia is not expected to graduate from its Least Developed Country status until after 2025, though it has made progress in furthering its development, a new report by a UN agency said. The United Nations Conference on Trade and Development projected in its latest review of the world’s poorest nations, which it undertakes every three years, that the number of LDCs will fall from 48 to 32 by 2025. By that date, Cambodia will be the only Asian country to still hold the classification, it said. The report gave a positive outlook on Cambodia’s improvements in education, citing the progress made through education sector support initiatives. It also noted that the Kingdom’s private sector has played an effective role in “diversifying . . . production and entering in high-technology global value chains”,
