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In a move that raises concerns for Nepal's developmental trajectory and its potential for foreign investment, a section of leftist parties, including some from the ruling coalition, has launched a fresh protest against the implementation of the Millennium Challenge Corporation (MCC) Compact, even after their key concerns have been addressed by the US government.
KATHMANDU, Aug 31: The US Millennium Challenge Corporation (MCC) initiative of the United States has kicked off its implementation phase. The project's execution was formally initiated as Finance Minister Prakash Saran Mahat and Cameron Alford, Vice President of MCC for Compact Operations, exchanged the 'Entry into Force' (EIF) agreement on Wednesday.
KATHMANDU, Aug 30: The Millennium Challenge Corporation (MCC) Compact enters full-fledged implementation on Wednesday.
The United States has welcomed Nepal ratifying the USD 500 million grant, provided by the US Government foreign aid agency, which was cleared after a prolonged
A suspicious object was found in front of Nepal Parliament, a day after the ratification of the Millennium Challenge Corporation which had led to a political di