“Countries knock at our doors all the time for capital, as it is getting harder and harder to obtain development funds. We are holding $500 million for Nepal. We cannot wait forever. When will it be ...
The Millennium Challenge Corporation (MCC) Compact was signed in September 2017 between the US aid agency and the government of Nepal promising $500 million worth of funding, with Nepal matching ...
As MCC meets obstacles in Nepal, US’ model of modernization loses its magic and market in South Asia
The Millennium Challenge Corporation (MCC), a US-offered infrastructure aid deal, recently has brought chaos to Nepal's politics and society. The US urged Nepal to endorse the MCC by February 28, but ...
National Assembly member Ram Narayan Bidari, who is also a senior advocate, said the Parliament was not required to approve the Millennium Challenge Corporation compact signed between Nepal and the ...
According to the statement, the United States and Nepal have forged a partnership based on shared values, democratic ideals, and trust for more than 70 years. "From disaster assistance after the 2015 ...
The story so far: On February 27, the Nepal parliament approved the Millennium Challenge Corporation Nepal Compact — a $500-million grant from the United States for electricity transmission and road ...
The $500 million US Millennium Challenge Corporation (MCC) grant has morphed into a contested geopolitical issue in Nepal, dividing its populace for and against it. Those supporting it argue that the ...
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MCC project 'temporarily' suspended in Nepal
KATHMANDU, Feb. 19 -- The US government has communicated its blanket decision to put on hold US-funded Millennium Challenge Corporation (MCC) projects for 90 days. In an email sent to Nepal's Ministry ...
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