header banner
ECONOMY

Ensure safety of the MCC funded projects: US Ambassador

KATHMANDU, April 5: US Ambassador to Nepal Dean R Thompson on Wednesday called on Finance Minister Prakash Sharan Mahat.
alt=
By Republica

KATHMANDU, April 5: US Ambassador to Nepal Dean R Thompson on Wednesday called on Finance Minister Prakash Sharan Mahat.



Related story

Fate of MCC-funded projects hangs in balance as US suspends fun...


During the meeting, the US envoy expressed his concern over the risk that the projects under Millennium Challenge Corporation (MCC) compact could face due to possible controversies created at the local levels, according to officials of the Ministry of Finance. The American Ambassador underscored the safety of investments injected by the US funded projects.


Minister Mahat said the US has shown interest to inject more funds through MCC and USAID. According to him, the US is ready to invest more funds provided that the government will come up with specific areas that it pursues for development.

Related Stories
POLITICS

PM Dahal joins MCC CEO Albright to celebrate the l...

PradeeprajOnta_KTM_RSS_16_066A2399_20231003103816.jpg
POLITICS

US envoy meets leaders as $500m MCC fund becomes u...

US envoy meets leaders as $500m MCC fund becomes uncertain
OPINION

Antics of MCC critics

MCC_20200120091300_20201101180304.jpg
Editorial

Bungling on MCC

Bungling on MCC
ECONOMY

MCC Nepal Compact projects officially kicks off

RS_KTM_MCC_20230830154516_RATL8103_20230831071331.jpg