KATHMANDU, March 22: Prime Minister Sher Bahadur Deuba said on Monday that the US government's grant assistance Millennium Challenge Corporation (MCC) compact is in the best interest of Nepal and its development.
Addressing a program organized to inaugurate a motorable bridge constructed over Sapsu rivulet linking southern part of Khotang, Prime Minister Deuba shared that there is no point in staging protests since the MCC compact is in Nepal’s national interest.
Revised interest rate corridor system introduced
He mentioned that the MCC grant agreement would make great contributions in Nepal's road, electricity and economic development after the implementation of the MCC projects.
Prime Minister Deuba argued, "Some people have been interpreting the MCC compact in a wrong way. It is now in the phase of implementation after ratification from the parliament. It will make great contributions to the development of different sectors of the country."
Prime Minister Deuba also urged the local government to pay attention to the development of agriculture and agro-tourism as Khotang district is fertile for agriculture production.
(RSS)
