Wednesday, January 21st, 2026

Foreign Minister Rana and MCC CEO Albright review progress on MCC project



WASHINGTON DC: Foreign Minister Dr. Arzu Rana Deuba met with Alice P. Albright, Chief Executive Officer of the Millennium Challenge Corporation (MCC), a U.S. agency, on Monday.

The meeting, held at the Nepali Embassy, focused on the enforcement of activities under the MCC project that Nepal signed in 2017.

The importance of timely project completion was emphasized during the discussion, according to the Nepali Embassy.

Under the MCC project, Nepal is set to implement a transmission line and road upgrades, with $50 million in assistance provided for these initiatives.

This meeting took place just before Minister Rana’s departure for Doha. She had arrived in the U.S. to attend the 79th United Nations General Assembly.

Publish Date : 01 October 2024 11:48 AM

Economic Digest: Nepal’s Business News in a Snap

KATHMANDU: Economic Digest offers a concise yet comprehensive overview of

Today’s foreign currency exchange rates

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

HoR election: 43 days to go for voting

KATHMANDU: The filing of candidacies for the first-past-the-post (FPTP) system

Kathmandu’s temperature drops to 3.5°C today

KATHMANDU: The Kathmandu Valley recorded its lowest minimum temperature since

Weather: Partial westerly influence continues in Nepal

KATHMANDU: The country continues to experience a partial influence of