Kathmandu, May 13 -- Nepal is waiting for the resumption of financial assistance under the Millennium Challenge Corporation (MCC) after billionaire Elon Musk's Department of Government Efficiency (DOGE) decided to shut down MCC's global operations in April last week. The MCC had allocated US$500 million for two infrastructure-related projects in Nepal.
After the DOGE decision, the fate of two infrastructure projects in Nepal has become uncertain, and there is ambiguity in the government about how to proceed if the MCC discontinues its support.
"We have approached and made requests to four different US agencies and offices including the State Department and MCC headquarters for the continuation of the MCC projects in Nepal," Lokdarsan Re...
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