The Rising Nepal

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MCC responds to concerns raised by Nepal

The Millennium Challenge Corporation (MCC) has clarified all the questions raised by the Government of Nepal regarding its disputed provisions on Wednesday. The 13-page written response was issued by MCC vice president Fatema Sumar in the name of Finance Minister Janardan Sharma. In the response, the MCC has clarified that its main objective was to eradicate poverty by fostering economic growth. “The grant is being provided to Nepal solely to complete construction projects of transmission lines and roadways that are considered important for economic growth,” read the letter.

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सम्बन्धित सामग्री

MCC CEO Albright coming to Nepal

KATHMANDU, Sep 27: The Chief Executive Officer (CEO) of the Millennium Challenge Corporation (MCC) Alice Albright is coming to Nepal with the MCC Nepal Compact program entering into the implementation phase. She will be coming to Nepal on the 1st of October. The Nepal Compact Ag

Ratopati English भाद्र २०८०

MCC Nepal Compact program enters implementation stage

KATHMANDU, Aug 30: The Government of Nepal and the Millennium Challenge Corporation (MCC) have announced that the MCC Nepal Compact Program, which is going to be implemented jointly by the financial support of both, has entered the implementation phase. The announcement was made

Ratopati English श्रावण २०८०

MCC women's team defeated by CAN-11

CAN-11 has defeated MCC women's team (Marylibon Cricket Club) visiting Nepal by 19 runs.

Nepalnews आश्विन २०७९

UML accepts MCC-Nepal compact through its political report

KATHMANDU, March 23: The main opposition party, CPN-UML, has accepted the Millennium Challenge Corporation (MCC)-Nepal Compact. Earlier, while the ruling alliance ratified the MCC compact, the party had not stated its position. However, the political report of the party presented in the party's central committee meeting by Chairman KP Sharma Oli reads that the MCC compact has been ratified and it should now be implemented for the welfare of the nation. The report has also stressed a high flow of Foreign Direct Investments in the country for a prosperous development. KP Sharma Oli also maintained that the interpretive declaration issued by the government while ratifying the compact is meaningless.

Ratopati English फाल्गुन २०७८

MCC was needed for Nepal says Deuba

MCC agreement recently passed by the parliament will play an important role in the development of Nepal.

Nepalnews माघ २०७८

MCC approval only after amendment: Chairman Nepal

Chairman of the Communist Party of Nepal (Unified Socialist) Madhav Kumar Nepal has said that the American aid project (MCC) can be approved only after the project is amended.

Nepalnews माघ २०७८

MCC should be a purely financial aid project: Socialist leader Nepal

Chairman of CPN (Unified Socialist) Madhav Kumar Nepal has said that the MCC project should be carried out keeping in view the interest of Nepal and the Nepali people.

Nepalnews माघ २०७८

MCC ratification only in consensus, Chairman Nepal says

Chairman of CPN (Unified Socialist) and former Prime Minister Madhav Kumar Nepal has said the US government's grant assistance MCC could not be ratified by the parliament as it is.

Nepalnews माघ २०७८

MCC dispute in Nepal: Your FAQs answered

The proposed Millennium Challenge Corporation (MCC) grant has been the talk of the town over the past few weeks in Nepal. Various groups have staged multiple protests across the country, mostly in Kathmandu. Protests have taken place near the Parliament building, the US Embassy and the prime minister’s residence too. The US government’s Millennium Challenge […] The post MCC dispute in Nepal: Your FAQs answered appeared first on OnlineKhabar English News.

Onlinekhabar English श्रावण २०७८

FINLON critical of US aid project MCC in Nepal

ITAHARI, September 10: Federation of Indigenous Nationalities Litterateur/Writer of Nepal (FINLON), an umbrella organization of indigenous writers and litterateurs, has sounded critical over US aid project Millennium Challenge Corporation (MCC). Issuing a press release signed by its chair Rajan Mukarung on Wednesday evening, FINLON said some provisions of MCC hampered Nepal's national sovereignty. FINLON has said MCC, which selected Nepal in 2011 during transitional phase, is suspicious. FINLON has claimed MCC also affects Nepal's non-alignment foreign policy increasing long-lasting impacts of what it calls 'American imperialism'. ''US officials have said MCC is part of Indo Pacific Strategy of US,'' said the release, ''This has entered into Nepal to make US-friendly strategic grounds in Nepal.'' FINLON has also accused that MCC favors multinational companies and stays above Nepal's prevalent laws. FINLON has said that MCC prioritizes on the acquisition of lands to grab natural resources of those countries in many parts of the world, which, if it implemented in Nepal, have adverse effects on its indigenous nationalities going against international conventions where Nepal is also a signatory. FINLON said rights of indigenous nationalities on water, land and forest must not be compromised at any cost in the name of MCC.

Ratopati English श्रावण २०७८