NCP forms three-member committee for recommendation on MCC

Published On: February 2, 2020 06:00 PM NPT By: RSS

KATHMANDU, Feb 2: A Central Committee meeting of the Nepal Communist Party (NCP) has formed a three-member committee coordinated by party senior leader Jhalanath Khanal to provide recommendations in regard with the Millennium Challenge Corporation (MCC).

The committee comprises party leader Bhim Bahadur Rawal and Minister for Foreign Affairs Pradeep Kumar Gyawali. Under the MCC agreement, the US government shall provide Rs 51 billion to Nepal to spend in hydropower and road projects.

As per the provision, the MCC shall be endorsed by the Federal Parliament.

You May Like This

INSEC urges ruling NCP to rethink its decision to field Sapkota as speaker

KATHMANDU, Jan 21: The Informal Sector Service Center (INSEC) on Tuesday expressed serious concern over the ruling Nepal Communist Party's...
Read More...