Leaders and Experts Share Mixed Views on MCC

  450 times read   2 min 3 sec to read
Leaders and Experts Share Mixed Views on MCC

May 7: Political leaders and experts have called for clarity on policies regarding foreign assistance adding that national sovereignty and national interests were above all other considerations, according to the state-owned national news agency RSS.    
Speaking at a recent programme, the politicians expressed diverse views over the Millennium Challenge Corporation (MCC) and ratification of the MCC Compact from the parliament.    
During the virtual programme organized by Friends of Silk Road and Nepal China Friendship Forum on Thursday, former Deputy Prime Minister and Defense Minister Bhim Rawal took exception to some of the points of MCC agreement.    
Rawal reiterated that the some issues of MCC should be amended otherwise the parliament should not ratify it, RSS reported.    
However, former Foreign Affairs Minister and Nepali Congress leader Dr Prakash Sharan Mahat praised the MCC Compact stating that the MCC Board is chaired by Secretary of the Finance Ministry to facilitate the timely completion of projects and it is in Nepal’s national interest.    
Dr Mahat was of the view that the grant received under the MCC would be mobilized as per Nepal’s laws. According to RSS, Mahat added that the MCC in Nepal was brought into controversy due to misleading information and propaganda.
Likewise, Gyanendra Lal Pradhan of the Confederation of Nepalese Industries backed the MCC stating that it is more focused on development of infrastructures and it has nothing to do with politics. He argued that power grid is important in Nepal and added that electricity price will go up in Nepal if the transmission lines were not completed.

President of Friend of Silk Road Dr Kalyan Raj Sharma said that the programme was organised to inform the people and welcome healthy discussions of stakeholders and experts.

No comments yet. Be the first one to comment.