EDITORIAL: MCC comes into force The Millennium Challenge Corporation (MCC)-Nepal Compact, a U.S. funded project to develop a high-voltage transmission line and 300-km long road project, entered into force from August 30, with MCC Vice-president of Compact Operations Cameroon Alford and Nepal’s Finance Minister Prakash Sharan Mahat exchanging a memorandum of understanding on Wednesday Opinion 01 Sep, 2023
Yadav-Bhattarai honeymoon ends with split in JSP-Nepal The Janata Samajbadi Party-Nepal suffered a vertical split today as factions led by party Chair Upendra Yadav and Chair of JSP-N Federal Council former prime minister Baburam Bhattarai held the party’s extended central executive committee meeting separately. While the Bhattarai faction held the party meeting in Kathmandu, the Yadav faction held its meeting in Birgunj. The new development is culmination of the factional feud that had been brewing in the party for the past few months. Nepal 13 Jul, 2022
Bamdev Gautam launches new party Bamdev Gautam, who quit the CPN-UML a few months ago, has announced a new party under his leadership with the major objective of unifying the communist forces, particularly the CPN-UML, CPN-Maoist Centre and CPN (Unified Socialist). Kathmandu 29 Jun, 2022
The State Partnership Programme: Heading for yet another déjà vu? The Nepali House of Representatives and so the country have been virtually shaken by the State Partnership Programme (SPP) like it had been by the Millennium Challenge Corporation (MCC) agreement as if struck by a tremor of high magnitude. Opinion 20 Jun, 2022
Shrestha questions government on MCC compact CPN-Maoist Centre leader Narayan Kaji Shrestha today sought explanation from the government on whether the Millennium Challenge Corporation deal signed with the United States of America was still valid. Nepal 01 Jun, 2022
Dahal defends decision to back MCC agreement Chairperson of CPN-Maoist Centre Pushpa Kamal Dahal defended his decision to support parliamentary ratification of the Millennium Challenge Corporation deal at the party’s Central Committee meeting. Nepal 05 Mar, 2022
Interpretative declaration: Makes no change in compact It is good news that the parliament has approved the MCC compact. But the 12-point interpretative declaration shows that the Nepali side did not understand the compact or the leaders have an underlying motive in attaching the declaration. Opinion 04 Mar, 2022
Parliamentary ratification of $500m compact acknowledged by MCC HQ The Millennium Challenge Corporation Compact Headquarters has acknowledged and appreciated ratification of the compact by Nepal's Federal Parliament. Nepal 02 Mar, 2022
House ratifies $500-million MCC compact The House of Representatives today ratified the Millennium Challenge Corporation compact with interpretative declaration. Nepal 28 Feb, 2022
Compact to be terminated if it violates Nepali laws The 12-point interpretive declaration adopted by the Cabinet today and ratified by the House of Representatives, along with the Millennium Challenge Corporation compact is as follows: Nepal 28 Feb, 2022
MCC ratified by House of Representatives, at last After eleven years of its inception in Nepal, the House of Representatives of the Federal Parliament has, at last, ratified the Millennium Challenge Corporation Compact. With this development, the implementation of the Compact will now proceed. Nepal 27 Feb, 2022
What is the 'interpretive declaration' attached to MCC agreement? 'Interpretive declaration' attached to the MCC agreement. Kathmandu 27 Feb, 2022
