In association with
Logo Logo Logo

MCC VP Fatema Sumar calls on Finance Minister Sharma
-


KATHMANDU:- Vice-President of the Millennium Challenge Corporation (MCC), Fatema Sumar, paid a courtesy call on Minister for Finance, Janardan Sharma here today.
During the meeting held at the Ministry of Finance in Singha Durbar, the two discussed at length about all aspects of the MCC project under which Nepal would receive USD 500 million in grants.
Minister Sharma told the visiting Vice-President of MCC that MCC was being discussed at political level in Nepal. A press statement issued by the Ministry of Finance here said, “Discussions have been held at political level about the compact held between the MCC and Nepal in 2017.”
Visiting Vice-President Sumar urged Minister Sharma for earliest ratification in the parliament and implementation, the press statement reads.
Fatima and her team have already held meetings with Prime Minister Sher Bahadur Deuba, Minister for Energy, Hydro Resources and Irrigation Pampha Bhusal and coalition partner CPN (Maoist Centre) Chairperson Pushpa Kamal Dahal ‘Prachanda’ yesterday.
The visiting team had also held a meeting with CPN (UML) Chairperson KP Sharma Oli, CPN (Unified Socialist) Chairperson Madhav Kumar Nepal and Janata Samajwadi Party Nepal (JSP) senior leaders on Thursday.
The MCC which forms partnerships with developing countries like Nepal for good governance, economic freedom and investment in their citizens will assist Nepal in construction of infrastructures such as 312 km road, 400 KV transmission line and 77 km road from Bhalubang in Dang to Shivakhola.
Over Rs 50 billion will be invested in these projects in which the government of Nepal is chipping in Rs 12 billion.

For Indian tourists travelling by land:- 72 hours (-ve) C-19 report, CCMC form and Antigen Test at entry point

For Indian tourists travelling by land:- 72 hours (-ve) C-19 report, CCMC form and Antigen Test at entry point

Comment here !
Related News

KATHMANDU:- Minister for Communications and Information Technology, Gyanendra Bahadur Karki, has believed that India would continue its support and assistance

KATHMANDU:- The government has recommended Nepali ambassadors to India, the United Kingdom and the United States. Today’s meeting of the

KATHMANDU:- At a when a global climate summit, COP26 is beginning after two days at Glasgow, UK, the diplomats and

KATHMANDU:- The government has decided to give up to 65 per cent in subsidy to paddy farmers for the loss