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 ...

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 ...

“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 ...

Kathmandu, June 11 -- The future of the Millennium Challenge Corporation (MCC) hangs in the balance and there is no clarity on whether or how its Nepal operations will continue. Adding to this ...

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 ...

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 ...

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 ...

After years of toxic debate that divided the nation, the Nepali Parliament ratified the Millennium Challenge Compact (MCC) on February 27. Ratification of the agreement has finally opened doors to the ...

Kathmandu [Nepal], February 19 (ANI): United States has clarified that Millennium Challenge Corporation (MCC) ratification is Nepal's sovereign decision, as the deadline to ratify the pact approaches.

In the ongoing debate over whether Nepal’s Parliament should endorse a $500 million grant from the U.S. Millennium Challenge Corporation (MCC), much attention has been paid to whether the grant is a ...