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The much debated MCC Compact has been finally endorsed by the Federal Parliament. Now, Nepal will receive about US$ 500 million grant assistance from the US government within the next five years. The grant will be used to build 312 kilometers of transmission line with a capacity of 400 kilovolts.
Spokesperson of Nepali Congress Dr Prakash Sharan Mahat has said the interpretative declaration on Millennium Challenge Corporation (MCC) grant has
KATHMANDU: The government of Nepal has stated that Nepal is committed to preventing its territory from being used against any
Major opposition party CPN UML said that the descriptive notes on the MCC agreement between government of Nepal and the
KATHMANDU: A few hours after the House of Representatives ratified the $500 million Millennium Challenge Corporation (MCC) Nepal Compact, the
The much hyped and discussed US aid project Millennium Challenge Corporation (MCC) Compact have been approved by Nepal’s parliament with
The ruling political parties announced 11-point descriptive notes on the much debated Millennium Challenge Corporation (MCC) compact, arguing that it
The CPN (Unified Socialist) has, in regard with the Millennium Challenge Corporation (MCC) compact, decided to make its presence at
A meeting between the leaders of Nepali Congress and CPN (UML) held today failed to make any headway regarding the
The meeting held between Prime Minister Sher Bahadur Deuba and main opposition CPN (UML) Chairman KP Sharma Oli at latter’s