What is MCC in Nepal? Introduction of MCC
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Millennium challenge corporation is a US government development agency that is independent very much like USAID. Their mission around the globe is poverty reduction through economic growth.
America's innovation foreign aid agency the millennium challenge corporation is leading the fight against poverty with compassion and generosity and is changing the conversation about how to effectively deliver U.S government assistance by focusing on accountability and results.
In an increasingly connected world, helping the world"s, poor promotes global prosperity and security.
since MCC was created back in 2004 They have provided over 13 billion dollars in compacts or grants to in 37 different compacts or grants to nearly 30 different partner countries including in South and Southeast Asia
"for too long we've measured our efforts by the dollars we spent and the food and medicines that we delivered but aid alone is not development is helping Nations to actually develop moving from poverty to prosperity and we need more than just a to unleash that change.
we need to harness all the tools that are disposable from our diplomacy to our trade policies" by BARAK OBAMA
How Does MCC select the country?
They select countries using a competitive process we look at how they perform against their peers and the same income.
There are category on 20 different transparent third-party indicators of economic freedom ruling justly and investing in citizens like
- agriculture and irrigation
- transportation (roads, bridges, ports),
- water supply and sanitation,
- access to health,
- finance and enterprise development,
- anticorruption initiatives,
- land rights and access,
- Right to education
- Anti-corruption
like the above category, there are 20 categories country has passed in 16 categories out of 20 categories. It means a country is eligible for the Millennium challenge corporation.
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Guided by its founding principles, MCC’s investments have successfully delivered projects that are improving the lives of millions of people around the world
- Create jobs and expand markets
- Build a more stable world
- Promote growth through infrastructure
- Invest in the next generation
- Incentivize policy and institutional reform
- Empower women and girls
- Increase the capacity of partner governments
- Give entrepreneurs tools to succeed
- Lay the groundwork for healthy communities
The MCC (Millenium challenge corporation) signing done on September 14, 2017, in Washington DC between Nepal and Millennium challenge corporation State Department.
Under the Nepali Congress, Finance Minister Mr. Gyanendra Bahadur Karki and MCC Acting CEO Mr. Jonathan Nash singed the compact agreement.
Fact about MCC (Millenium challenge corporation)
Fact of What is MCC in Nepal in the view of American
- At the request of Nepal's leader, the us government began working with Nepal in 2012 toward the development of an MCC compact.
- Every Nepali political party civil society and private sector representatives have expressed a desire to conclude in-country development in the nation.
- The MCC project is focused purely on economic development by helping to build power lines and improve the road.
- There is no military component to the MCC, in fact, US law prohibits it.
- Nepal does not need to "join" or "sign up" for anything in order to participate in the MCC.
- The $500 million is a grant with no strings attached, no interest rates, and no hidden clauses. nation has to do is commit to spending the money, transparency, for the projects that have been agreed upon.
- Nation proposed and decided which projects MCC will fund in the nation based on national own priorities.
- MCC's model requires Nepal to hire Nepalese to lead the implementation of the projects.
- MCC project tenders are open, transparent, and available to everyone.
- In Nepal as in every country where MCC works, parliamentary ratification is required and provides transparency and an opportunity for Nepalis to understand the project.
Millennium challenge corporation project in Nepal
- monitoring and evaluation
- Programmer and Administrate
- Electricity and transmission project
- transportation project
Out of 4, compact priority in-country is ELECTRICITY AND TRANSMISSION PROJECT and TRANSPORTATION PROJECT.
The total cost of this project is $630 million out of that Nepal has to raise $130 million.
This project must complete within 5 years
- Maintenance of road around 300 km
- Plant involves 400 km transmission line
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What is MCC in Nepal controversy?
- Without permission, the country government has no right to access the project area.
- Tax must be free
- According to agreement, they going to hire about the equipment and employment in project
- Government should not interfere in audit and account
In 2019 American Assistant Secretary of south Asia visit Nepal and said MCC is the internal parts of IPS (info pacific strategy) if the assistant secretary is right then can use American military, economic, and politics in Nepal.
Which is not good for the two giant neighboring countries.
It is not written that country has to sign the agreement but if the country sign than the Nepalese constitution is not allowed to interfere in the project.
In section 6.8 it is written if a member of MCC has to any mistake or crime than national law is not allowed to touch.
By giving $130 million, Nepal has not allowed to interfere in the project.
Americans have all right in expenses, audits, and project cancellations. Which not good for the country.
The project duration is 5 years. If it is not complete in 5 years than all money will be taken back.
Controversy between political Nepali Congress and ruling party.
Still, there are may controversy regarding agreement (Millenium challenge corporation)
agreement link
In my opinion
The country should be clear between MCC and IPS (Indo specific strategy) we cannot make china and India sad by agreement compact.
The project must be under the Nepalese constitution and law. It must be in favor of the nation.
Ok tax will be free but the equipment and employment must be in the present
of government.
We all know many countries have developed by compact agreement but we should not forget what happens to Afghanistan, Syria, and Iraq so we have to avoid that type our condition in the nation by applying our policy.
Before signing this agreement is should have to discuss in the national forum so the situation of today would not be today.
$500 million is a big amount I think we shouldn't let them go easily because till now the nation hadn't released that much amount for the development.
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| Minister for foreign affairs |
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CONCLUSION
If today Compact is pass than the controversy mention above will always be there.
If Compact doesn't pass then there will be a problem in diplomatic relations between America and Nepal.
Now this time people should use their knowledge, skill, and courage for the long term business with CHINA and INDIA because we are surrounded by giant nations.
I hope you all understand what is MCC in Nepal? If you have any suggestions regarding MCC in Nepal please comment below.
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