Saturday, June 6th, 2026

MCC is in Nepal’s interest: PM Deuba



KATHMANDU: Prime Minister Sher Bahadur Deuba has said that the Millennium Challenge Corporation (MCC) is in Nepal’s interest and that some elements were trying to politicize the issue.

He said that the United States was ready to make amendments in the provisions that are not in favor of Nepal.

Speaking to state-run media Gorkhapatra, he added that the MCC wouldn’t be above the national law.

Prime Minister Deuba said that the MCC Nepal compact is just a development grant, asking, “Why should Nepal reject such generous support?”

PM Deuba also dismissed reports of conspiracy behind MCC.

He also clarified that the MCC was a grant and not a loan.

The Prime Minister also stated that it is in the national interest to have good relations with India and China.

Publish Date : 20 October 2021 11:20 AM

Egg prices increased as poultry farmers set new support rates

CHITWAN: The Nepal Layers Poultry Farmers Association has once again increased

Economic Digest: A Snapshot of Nepal’s Business News

KATHMANDU: Economic Digest presents a brief yet comprehensive roundup of

Rain likely in hills, hot winds in Terai

KATHMANDU: A partial influence of a western disturbance and local

NRB issues foreign currency exchange rates for today

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

Why were 775 EVs seized after entering five districts via two customs points?

KATHMANDU: The Armed Police Force (APF), responsible for border security