“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 ...

KATHMANDU (IANS) – India’s small Himalayan neighbor, Nepal, has been caught in diplomatic wrangling between the US and China, over a $500 million US grant to Nepal. After Nepal delayed in ratifying ...

Nepal’s Minister of Finance Gyanendra Bahadur Karki, seated left, and acting CEO of Millennium Challenge Corporation Jonathan Nash, seated right, sign the Nepal Compact, as Joint Secretary at the ...

KATHMANDU: Co-chairperson of the ruling Nepal Communist Party (NCP), Pushpa Kamal Dahal, has indicated that the Millennium Challenge Corporation (MCC) project to be funded by the government of the ...

The development of the New Butwal Substation and an 18-kilometre transmission line was inaugurated today in Sunawal Municipality-13, in a ceremony attended by Finance Minister Rameshore Prasad Khanal ...

The Millennium Challenge Account Nepal on Wednesday commemorated the initiation of construction of the 18-kilometre transmission line and the New Butwal Substation in Sunawal, Nawalparasi West.

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 ...

MCA-Nepal has begun construction of the New Butwal Substation and an 18-kilometre transmission line in Sunwal, Nawalparasi (West), on Wednesday. The event for laying the foundation was attended by ...