Wednesday, August 5th, 2026

PM Oli turns flexible on amending MCC Compact



KATHMANDU: Prime Minister KP Oli has turned flexible on the issue of amending the Millennium Challenge Corporation (MCC) Compact before ratifying it through the Parliament.

Media reports claimed that the prime minister has agreed to discuss with high-ranking US officials on the amendment.

Nepal Communist Party (NCP) leaders said that PM Oli turned flexible after a majority of leaders are for amending the Compact and the task force formed to study MCC too suggested to not endorsing it in the status quo.

“We have agreed that the Compact should be amended before endorsing it. A next Secretariat meet will make a final call,” NCP Vice-Chairman Bamdev Gautam was quoted as saying.

It should be noted that US officials have made it clear that the time has already elapsed for amending the Compact.

Publish Date : 23 February 2020 08:09 AM

Today’s News in a Nutshell

KATHMANDU: Khabarhub brings you a glimpse of major developments of

42 depositors of troubled Shiva Shikhar and Pashupati cooperatives get refunds

KATHMANDU: The Problematic Cooperatives Management Committee has returned the savings

HoR Committee directs govt. to seek clarification from three int’l human rights institutions

KATHMANDU: The House of Representatives (HoR) Committee on Law, Justice

100k jobs to be created this year, says Employment Minister

KATHMANDU: Minister of Youth, Labour and Employment, Ramji Yadav, has

Koshi Chief Minister Karki tells Oli he will not resign without formal party decision

KATHMANDU: Koshi Province Chief Minister Hikmat Kumar Karki has told