MCC to Provide Additional NPR 6.8 Billion to Nepal

Washington, D.C. – The Millennium Challenge Corporation (MCC) has announced an additional NPR 6.8 billion in aid for Nepal. This funding is intended to support the ongoing NPR 92 billion MCC Compact, implemented since September 2023, which is jointly financed by U.S. grants and the Nepalese government. "The MCC Board of Directors has approved an…