MCC dispute in Nepal: Mithilesh Pandey
“Country knock at our doors all the time for capital , as it is getting harder and harder to obtain development funds. We are holding $500 million for Nepal . we can’t wait forever. When will it be the right time for Nepal?’’Fatema Z Sumar, Vice President of Compact operations at the Millennium challenge cooperation(MCC) appeared mystified about why a country like Nepal that needs all the help it can get to develop its infrastructure, should be so hesitant about the grant her government is offering.
Sumar was on the final day of her four-day visit to Nepal on Sunday, speaking at an engagement with opinion marks. There was litany of questions from across the table, and Sumar sounded like someone who is getting somewhat jaded answering the same questions over and over again in Kathmandu.
No, the MCC is not part of Indio-Pacific strategy and there is no US Army involvement. This is a treaty between two countries and has gone through the Obama, the Trump and the Biden administrations. In order to make this a treaty, the Nepal govt wanted to ratify it through Parliament . So, we are waiting for that. Sumar was a former assistant secretary for south and central Asia at the US state Dept before joining the MCC. Her family is Malasian-Indian, so she understands the region well, but she was hearing in Nepal some of the same political rhetoric that led to the Sri Lankans cancelling the MCC last year for being against the National interest. MCC makes three types of grants: compacts , threshold programs and concurrent compacts for regional investment.
Nepals grant is a five year compact agreement with the MCC that allows an eligible country to fund specific programs targeted at reducing poverty and stimulating economic growth.
सहयोग करें
हम देशहित के मुद्दों को आप लोगों के सामने मजबूती से रखते हैं। जिसके कारण विरोधी और देश द्रोही ताकत हमें और हमारे संस्थान को आर्थिक हानी पहुँचाने में लगे रहते हैं। देश विरोधी ताकतों से लड़ने के लिए हमारे हाथ को मजबूत करें। ज्यादा से ज्यादा आर्थिक सहयोग करें।
ताज़ा खबरों की अपडेट अपने मोबाइल पर पाने के लिए डाउनलोड करे सुदर्शन न्यूज़ का मोबाइल एप्प