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Nepal’s LDC graduation: Why is there a demand to delay the timeline

Director of Deurali-Janta Pharmaceuticals, Haribhakta Sharma, speaks about the potential impacts of Nepal’s graduation from LDC status.

Director of Deurali-Janta Pharmaceuticals, Haribhakta Sharma, speaks about the potential impacts of Nepal’s graduation from LDC status. Credit: Subaas Shrestha/NurPhoto via Getty Images, SBS Nepali/Pratichya Dulal (R)

Nepal is set to graduate from Least Developed Country (LDC) status by November 2026. However, concerns have been raised that an immediate transition could negatively impact the economy, with reports suggesting the government is considering postponing the graduation timeline for now. Former President of the Confederation of Nepalese Industries and Executive Director of Deurali-Janta Pharmaceuticals, Hari Bhakta Sharma, spoke to SBS Nepali correspondent Pratichya Dulal about the potential impacts of Nepal’s graduation from LDC status.


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By Pratichya Dulal

Source: SBS




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Nepal is set to graduate from Least Developed Country (LDC) status by November 2026. However, concerns have been raised that an immediate transition could negatively impact the economy, with reports suggesting the government is considering postponing the graduation timeline for now. Former President of the Confederation of Nepalese Industries and Executive Director of Deurali-Janta Pharmaceuticals, Hari Bhakta Sharma, spoke to SBS Nepali correspondent Pratichya Dulal about the potential impacts of Nepal’s graduation from LDC status.


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