MCC tabled in parliament

KATHMANDU, Feb 20: The government tabled the Millennium Challenge Corporation-Nepal compact (MCC) in parliament on Sunday.

Minister for Information, Communication and Technology, Gyanendra Karki on the behalf of the Finance Minister Janardan Sharma tabled the MCC.

With this, the $500 million American grant will now require general majority of parliament for ratification.

Nepal had signed the compact with the United States of America in 2017.

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