INSUBCONTINENT EXCLUSIVE:
KATHMANDU: The secretariat meeting of Nepal Communist Party (NCP) today decided to halt the Millennium Challenge Account (MCA)
Nepalactivities until the parliament approves of the Millennium Challenge Corporation (MCC) deal.
NCP (NCP) secretariat member and party
spokesperson, Narayan Kaji Shrestha, told THT Online that the meeting decided to halt any activity related to the MCC, which is yet to be
approved by the parliament
It is, however, mentioned in the federal budget for the fiscal year 2020-21 presented by Finance Minister Yubaraj Khatiwada.
Shrestha quoted
the Prime Minister as saying that activities of MCC will take place only after the parliament approves of it.
Discussions were carried out
to clarify the inclusion of MCC in the annexure of the budget
The MCC would be brought into implementation if ratified by the parliament, otherwise, the government would move ahead seeking an
alternative, Shrestha has quoted the Finance Minister.
In the budget, the government has pledged to build Lapsiphedi-Ratmate-Hetauda and
Lapsiphedi-Ratmate-Damauli-Butwal 400 KV electricity transmission line and has mentioned MCCRs 5.73 billion in the foreign aid.
It has been
learnt that some senior leaders were not satisfied with the mention of MCC in the budget which is yet to be approved
Before the budget was presented, the leaders had sought to know whether the electricity transmission line projects were governmentown or
part of the MCC agreement.
Prime Minister and Co-chair of the party KP Sharma Oli, Co-chair Pushpa Kamal Dahal, General Secretary Bishnu
Prasad Paudel, Madhav Kumar Nepal, Jhala Nath Khanal, Bamdev Gautam, Narayan Kaji Shrestha, Ishwar Pokhrel, and Ram Bahadur Thapa are the
members of the party secretariat.
Also present in todaymeeting were Finance Minister Yubaraj Khatiwada, Foreign Minister Pradeep Gyawali,
and standing committee member Bhim Rawal — members of the task force to study MCC Nepal compact agreement.
NCP (NCP) secretariat meeting
underway
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