A meeting has been held between Prime Minister Sher Bahadur Deuba and Vice President of the Millennium Challenge Corporation Fatema Sumar in Kathmandu yesterday.
The duo is said to have discussed the MCC compact with Nepal. The meeting focused on the MCC compact wherein Nepal would receive Rs 55 billion in grants from the US government for constructing various projects in the country and opportunities towards transforming Nepal's economy, said the Ministry of Finance.
The Ministry is scheduled to share details in this regard on Saturday morning. Sumar is in Kathmandu as part of assessing the progress of the project.
As part of this, she, on Friday, met with Chairperson of the CPN (Maoist Centre) Pushpa Kamal Dahal 'Prachanda' and Minister for Energy, Hydropower and Irrigation Pampha Bhusal and discussed the project. She also met with leaders of the ruling Nepali Congress.
Earlier, she held talks with Chairperson of the CPN (Unified Socialist) Madhav Kumar Nepal, CPN UML Chairperson KP Sharma Oli, and former Prime Minister Baburam Bhattarai.
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I had the pleasure to receive Vice President of MCC @FatemaDC today. We exchanged views on Nepal-US cooperation including MCC Compact and its potentials for Nepal's economic transformation. pic.twitter.com/SVZT1Eea1P
— Sher Bahadur Deuba (@SherBDeuba) September 10, 2021
