The Financial Action Task Force (FATF) has removed the Philippines from its ‘grey’ list, indicating reduced scrutiny for the country. Meanwhile, Laos and Nepal have been added to this list. The …
FATF Updates: Philippines Off Grey List, Laos and Nepal Added
The Financial Action Task Force (FATF) has removed the Philippines from its ‘grey’ list, indicating reduced scrutiny for the country. Meanwhile, Laos and Nepal have been added to this list. The …
US grants for two key Nepal infrastructure projects suspended after Trump order
Two major infrastructure projects in Nepal funded by the United States have been put on hold after President Donald Trump suspended all foreign development assistance, a government official said on …
Aid granted to Nepal ‘fraud’, says Trump
US President Donald Trump has described Nepal’s aid as a fraud. In a White House press conference, President Trump described Nepal’s federalism aid as a fraud.
MCC funds for Nepal suspended
The Millennium Challenge Corporation (MCC) has notified the Nepal government that payments related to activities funded under the Nepal Compact have been halted, in compliance with a 90-day freeze …
US halts multi-million MCC pact aimed to bolster road, transmission capacity in Nepal
The US has halted the multi-million US Dollar Millennium Challenge Corporation (MCC) pact aiming to bolster the road and transmission capacity of the Himalayan nation, the Nepalese Finance Ministry …
US Halts MCC Pact with Nepal Amid Presidential Order
The US has suspended the multi-million dollar Millennium Challenge Corporation (MCC) agreement with Nepal, impacting essential road and electricity projects. The halt follows a US Presidential …
US halts multi-million MCC pact aimed to bolster road, transmission capacity in Nepal
The US has halted the multi-million US Dollar Millennium Challenge Corporation (MCC) pact aiming to bolster the road and transmission capacity of the Himalayan nation, the Nepalese Finance Ministry …
UK’s development finance institution signs loan worth 15 million US dollars to Nepali bank for Nepal’s renewable energy
British International Investment plc (BII), the UK’s development finance institution and impact investor, has signed a trade loan agreement worth 15 million US dollars with Sanima Bank Ltd. The loan …
Search committee submits report to PM on Sanskrit University’s land holdings
The government-formed Search Committee tasked with investigating Nepal Sanskrit University’s land holdings submitted its report to Prime Minister KP Sharma Oli on Tuesday. Committee Coordinator …