Sunday, May 17th, 2026

PM Oli reiterates his commitment of endorsing MCC Compact



KATHMANDU: Prime Minister KP Oli has assured of constructing the Lapsifedi-Ratmatae transmission line and other infrastructure mentioned in the Millennium Challenge Corporation (MCC) Compact at any cost.

He reiterated his stance of endorsing the MCC tabled by the incumbent government in the parliament.

“Questions were raised alleging the government making efforts to endorse the MCC Compact from back-doors,” PM Oli said, adding, “Be assured, everything will happen from the front door.”

“We will construct the Lapsifedi-Ratmatay transmission line – the country’s identity – at any cost,” he told the parliament while furnishing answers to the lawmakers’ questions.

Even though the incumbent government tabled the MCC Compact in the parliament, PM Oli said the agreement was made by the previous government, adding, “We cannot leave the work initiated by the previous governments. It’s our responsibility to accomplish it.”

PM Oli said the country will undergo problems if the agreements made by the previous governments are not continued adding that the government would hold discussions with the political parties, lawmakers and others in this regard.

Meanwhile, Oli challenged lawmakers to find the term MCC in the government’s policies and programs presented by the government last week.

Publish Date : 19 May 2020 13:26 PM

NRB issues today’s foreign currency exchange rates

KATHMANDU: Nepal Rastra Bank (NRB) has fixed the foreign exchange

Newly appointed NC leaders call for broader unity despite factional tensions

KATHMANDU: Nepali Congress (NC) President Gagan Thapa on May 11

Today’s News in a Nutshell

KATHMANDU: Khabarhub brings you a glimpse of major developments of

Israel confirms Hamas armed wing chief killed in Gaza strike

JERUSALEM, (AFP): Hamas’s armed wing chief Ezzedine Al-Haddad, described by

Government assures regular supply of sugar and essential goods

KATHMANDU: The government has said it is fully committed to