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MCC delegates in capital

KATHMANDU: A delegation from the Millennium Challenge Corporation (MCC) arrived in Kathmandu for a series of meeting with the U.S. Embassy, government of Nepal officials and civil society leaders.

The delegation is led by James Parks, who served as a Peace Corps volunteer in Nepal from 1982 to 1984.

This is the first visit of the MCC delegation to Nepal since the announcement in December that Nepal was selected as eligible to develop a Threshold Programme.

According to the U.S. Embassy, the delegation will introduce the MCC and the Threshold Programme to the government of Nepal, civil society groups and donor organizations and will gain background information about the economic issues facing Nepal.

The objectives of the Threshold Programme is to assist a country in becoming eligible for the MCC’s large assistance programmes, called compacts, by supporting targeted policy and institutional reforms through a country-specific programme.

The MCC is based on the principle that aid is most effective when it reinforces good governance, economic freedom and investments in people. RSS

Published Date: Sunday, April 15th, 2012 | 11:16 PM

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