Having served on the Board of Millennium Challenge Corporation (MCC) in Nepal as a civil society representative in its formative days, the author of this piece had an opportunity to look at the Project in greater detail much before it came into wider public discourse. For the last couple of months or so, it’s been nerve-wracking to hear all kind of nonsense being blurted out about MCC by media-hungry individuals who seem neither to have any knowledge of the world of development-aid nor appreciation of the modus operandi of the global geo-political ambitions.
Samantha Custer is the Director of Policy Analysis at Washington DC based research institute AidData, which produces analysis of development investments and results and experiences of decision-makers in low- and middle-income countries regarding the impact of external money. During her recent visit to Nepal, she shared her insights on foreign aid, aid effectiveness and changing patterns of foreign assistance with Republica’s Mahabir Paudyal and Kosh Raj Koirala.
PALM BEACH, March 31: Taking drastic action over illegal immigration, President Donald Trump moved Saturday to cut direct aid to El Salvador, Guatemala and Honduras, whose citizens are fleeing north and overwhelming U.S. resources at the southern border.
Foreign aid is helping to accelerate Nepal’s transition to a socialist State. By working largely through government systems, foreign aid has magnified the dependency on the State, stunted the maturity of civilian non-State institutions and nullified change agents.
ISLAMABAD, Sept 21: With only nine months left in closing of the project, Pakistan has not yet taken a final decision on the cancellation of a $400 million loan, which the Asian Development Bank (ADB) has extended for installation of smart electricity meters, due to divergent views of the concerned ministries.