I’m sorry but that’s still the meaning of the term. I know it is colloquially understood to mean a “poor” country, but we shouldn’t ignore the original intent.
Also, please don’t tell me how my country is. I quite literally live here. I can read every article online that you can, plus I can go outside and see it for myself. We know we have problems, we aren’t ignorant to them - at least not all of us - and they’re nowhere near as bad as some commentors on this post believe they are.