Illusion, uncertainty on MCC over: NC Spokesperson Mahat

KATHMANDU: MARCH. 1 – Dr. Prakash Sharan Mahat, spokesperson for the Nepali Congress, stated that the interpretative declaration on the Millennium Challenge Corporation (MCC) grant has dispelled illusions and uncertainty following its approval by the parliament.

Spokesperson Mahat said at a press conference held at the party’s central office in Sanepa on Monday that the interpretative declaration brought forth on the MCC compact after forging consensus among the ruling coalition helped a lot to clear up confusion and doubt about the US-aid grant.

On Sunday, the House of Representatives approved the MCC compact as well as an interpretative declaration.

NC has always been committed to dispelling mis/disinformation about MCC grants spread among Nepalis, Spokesperson Mahat said, adding that the project under the MCC compact would now enter the implementation phase.

“Untiring efforts, patience and well understanding of Prime Minister and Nepali Congress President Sher Bahadur Deuba also created a favourable atmosphere to reach conclusion on MCC compact.”

Although the major opposition CPN UML did not involve in the process to endorse the compact, it was not against the MCC compact, he argued.

The amount of Rs 50 billion grant to be received under MCC compact would be spent in construction and expansion of electricity transmission line and upgrading of roadways.