Tuesday, March 10th, 2026

PM Deuba intensifies efforts to ratify MCC



KATHMANDU: Prime Minister (PM) Sher Bahadur Deuba has been endeavoring to get the US grant of US$ 500 million ratified by the parliament as politics and civic groups in Nepal are sharply divided on the issue.

Prime Minister Deuba on Saturday afternoon met with former Prime Minister KP Oli at his residence in Balkot and asked him to cooperate with him to resume the stalled parliamentary session and ratify the MCC at the earliest.

PM and Nepali Congress President Deuba has already hinted that he needs to garner the support of Oli to ratify the MCC from the Parliament.

A meeting of the high-level political coordination committee of the ruling coalition held on Thursday had entrusted Prime Minister Deuba to hold talks with the leader of the main opposition party to avoid the House disruption.

However, ruling partners – CPN Maoist Center and the Unified Socialist Party – have been insisting that the MCC agreement should not be endorsed without amendment.

It should be noted that the government has formed a three-member task force headed by CPN (Unified Socialist) senior leader Jhala Nath Khanal.

While Khanal and Maoist leader Narayan Kaji Shrestha (another member in the task force) want to make some amendments in the agreement to ratify it, another member, who is also the Communications Minister Gyanendra Bahadur Karki, is in favor of ratifying it.

It should be noted that Chinese Ambassador Hou Yaniqi recently met with Khanal at the latter’s residence and discussed the issue.

Publish Date : 09 January 2022 07:44 AM

Market monitoring resumes after suspension due to elections

KATHMANDU: Market monitoring, which had been suspended due to the

Foreign currency exchange rates fixed for today

KATHMANDU: Nepal Rastra Bank has fixed the foreign currency exchange

Over 12 million votes counted under PR system so far

KATHMANDU: A total of 10,205,625 votes have been counted so

Meet directly elected RSP faces entering the HoR

KATHMANDU: The Rastriya Swatantra Party (RSP), which has participated in

Today’s News in a Nutshell

KATHMANDU: Khabarhub brings you a glimpse of major developments of