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POLITICS

What happened to the MCC?: Narayan Kaji Shrestha

KATHMANDU, June 1: CPN (Maoist Center) leader Narayan Kaji Shrestha, who is also a member of the National Assembly, the upper house of the Federal Parliament,  has said that everyone should pay attention to the implementation of the budget for fiscal year 2022/23. Shrestha has also stressed corruption control and good governance as being necessary for development.
By Republica

KATHMANDU, June 1: CPN (Maoist Center) leader Narayan Kaji Shrestha, who is also a member of the National Assembly, the upper house of the Federal Parliament,  has said that everyone should pay attention to the implementation of the budget for fiscal year 2022/23. Shrestha has also stressed corruption control and good governance as being necessary for development.


Participating in the discussion on the budget for the next fiscal year 2022/23 that started in the National Assembly on Tuesday, Shrestha, who is a former deputy prime minister, said that capital expenditure cannot be effective without controlling corruption. Shrestha said that the finance minister’s budget speech, however, failed to prioritize the same. 


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He also said that the budget has not been able to prioritize education and health and that it is not a socialism-oriented budget. "In the budget, it has been mentioned that the construction of the Lapsiphedi-Ratmate-Hetauda-Damauli-Butwal-Gorakhpur transmission line of 400 kV will be taken forward but it is not clear whether it is a project under the MCC compact," he said.


Mentioning that the 12-point interpretative declaration states that if the United States does not agree on it, it will be automatically rejected, he said, "The United States has not yet said a word about the 12-point declaration. Therefore, if the finance minister himself has made such a proposal realizing that this MCC has been scrapped, I personally thank the finance minister and the government, but it should be clear what it is, 'he said.


 

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