A/RES/75/259
United Nations
General Assembly
Distr.: General
15 February 2021
Seventy-fifth session
Agenda item 9
Report of the Economic and Social Council
Resolution adopted by the General Assembly
on 11 February 2021
[without reference to a Main Committee (A/75/L.57)]
75/259.
Extension of the preparatory period preceding the graduation of
Angola from the least developed country category
The General Assembly,
Recalling its resolution 70/253 of 12 February 2016,
Taking into account its resolutions 59/209 of 20 December 2004, 65/286 of
29 June 2011 and 67/221 of 21 December 2012 on a smooth transition for countries
graduating from the category of least developed countries,
Reaffirming its commitment to the process of graduation from the least developed
country category and to encouraging smooth transition measures for graduating countries,
Giving due consideration to the fact that Angola, as a commodity-dependent
least developed country, continues to be highly vulnerable to price fluctuations and
has been facing a recurring economic recession for six consecutive years,
Stressing the importance of accelerating economic diversification by the
Government of Angola, in order to reduce the negative impact caused to the main
economic indicators and safeguard the reduction of social vulnerabilities,
Noting with grave concern the reduced revenue resulting from the decline in
commodity prices and the negative impact on the vulnerable economy of Angola from
the global crisis triggered by the coronavirus disease (COVID -19) pandemic, which
have further disrupted the sustainable development progress of the country,
1.
Expresses its deep concern at the prolonged economic recession that
Angola has been confronting and at its socioeconomic vulnerabilities exacerbated by
the global crisis triggered by the COVID-19 pandemic;
2.
Decides to provide Angola, on an exceptional basis, with an additional
preparatory period of three years before its effective date of graduation;
21-01997 (E)
170221
*2101997*