Spokesperson of Nepali Congress Dr Prakash Sharan Mahat has said the interpretative declaration on Millennium Challenge Corporation (MCC) grant has dispelled the illusion and uncertainty after its endorsement by the parliament.
At a press meet organized at party central office, Sanepa, on Monday, Spokesperson Mahat viewed the interpretative declaration brought forth on the MCC compact after forging consensus among the ruling coalition helped a lot to wipe out confusion and doubt on the US-aid grant. The meeting of the House of Representatives had endorsed the MCC compact along with an interpretative declaration on Sunday.
NC was always devoted to dispelling illusion and misinformation spread among Nepali people on the MCC grant, Spokesperson Mahat reminded, adding that it was now ensured that the project under MCC compact would enter implementation phase. "Untiring efforts, patience and well understanding of Prime Minister and Nepali Congress President Sher Bahadur Deuba also created a favorable 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 MCC compact either, he argued.
The amount of Rs 50 billion grant to be received under the MCC compact would be spent in construction and expansion of electricity transmission lines and upgrading roadways.
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