Kathmandu – The US government has decided to continue the Millennium Challenge Corporation (MCC) compact being implemented in Nepal.

The US government’s foreign assistance review has recommended continuing the implementation of the MCC Nepal agreement, a spokesperson for the US Embassy in Nepal said. He also said that they have informed the Nepal government about this decision.

Dhaniram Sharma, Chief of the International Assistance Coordination Division of the Ministry of Finance, also said that the US government has informed about the continuation of MCC in Nepal.

On Friday, the MCC headquarters issued a statement stating that the work related to the foreign assistance review of the MCC portfolio has been completed.

“This review shows that the MCC portfolio is consistent with the Trump administration’s America First foreign policy and that MCC will continue to work to make America even safer, stronger, and more prosperous,” the MCC statement said.

MCC also stated that other details will be revealed next week based on the process of the MCC Board of Directors and discussions with the US Congress and partner countries. The MCC statement indicates that most of its programs will continue.

Earlier, on 18 Ashad, the Millennium Challenge Account (MCA)-Nepal had also issued a statement indicating that the MCC project in Nepal would continue.