Monday, December 15th, 2025

Unified Socialist decides against passage of MCC in current situation



KATHMANDU: The CPN-Unified Socialist Party has decided that the United States grant Millennium Challenge Corporation (MCC) Compact cannot be passed in the current situation.

The party’s Central Committee (CC) meeting held Thursday concluded that the party can move MCC ahead only by making it favorable to national interest.

Party’s Secretary Jagannath Khatiwada, while announcing decisions of the CC meeting, said MCC could not be passed in the current situation as it was not in the national interest. He said, “We can move forward only by reaching political consensus and making it favorable to national interest. Else, it cannot be passed in present situation.”

He added that the party had also prioritized joining the government.

Publish Date : 23 September 2021 17:32 PM

Nepal Rastra Bank, IFC Sign MoU to boost climate finance

KATHMANDU: Nepal Rastra Bank (NRB) and the International Finance Corporation

Pradeep Gyawali rebels after being denied General Secretary post in UML

KATHMANDU: Senior CPN-UML leader Pradeep Gyawali has rebelled against party

Commercial banks cut interest rates for personal and institutional deposits in Poush

KATHMANDU: Most commercial banks have reduced interest rates on personal

Govt forms high-level political dialogue committee

KATHMANDU: The government has formed a high-level political dialogue committee

Pokharel camp gains momentum as Oli allies rebel amid leadership disputes

KATHMANDU: Ishwar Pokharel’s camp in the CPN-UML is reportedly gaining