Bangladesh, Feb. 19 -- The Planning Commission (PC) foresees tough days for Bangladesh's economy after the nation graduates from the least developed country (LDC) status by 2024.
Still, the Commission said the economy could thrive, helped by various international support measures offered by developed countries to the poorer nations.
Within three years of graduation, the country will lose its access to highly concessional sources of financing and preferences given in the form of duty-free and quota-free access to the developed markets where most of Bangladeshi goods are exported.
The preferences and concessions will change "drastically" when the country officially becomes a developing country, the Commission said.
The views came in an in...