MCC Compact Tabled in Parliament- MCC News Today- MCC passed countries

MCC compact tabled in parliament on Sunday. The Millennium Challenge Corporation-Nepal Compact is tabled in Parliament after an agreement among the ruling coalition of Government.

MCC Compact Tabled in Parliament

MCC Compact Tabled in Parliament
MCC Compact Tabled in Parliament

Gyanendra Bahadur Karki, Minister for Communication and Information Technology on behalf of Finance Minister Janardan Sharma has MCC compact tabled in parliament the $500 million American grant agreement amid obstructions by the main opposition CPN-UML.

After the agreement in the ruling alliance on Sunday morning, the Business Advisory Committee agreed to include the MCC compact into the agenda of the lower house.

But the representatives of the ruling Communist Party of Nepal (Maoist Centre) in the Business Advisory Committee had expressed their reservations about tabling the MCC compact at the parliament.

Minister Karki said that this grant agreement will provide benefits to develop Nepal.

The $500 million grant agreement was signed in September 2017 for building electricity transmission lines and improving roads in Nepal. This grant was registered in Parliament in July 2019 for ratification. After a long time, the MCC compact was tabled in parliament for a process of voting.

MCC News Today -MCC Compact Tabled in Parliament

The current MCC News Today is that highly possibility is that it will be passed by parliament of Nepal. Because of all parties involved in Government are agreed to pass it from parliament as per reported by source. PM Deuwa is committed that it will confirm passed from parliament when he tabled it at parliament.

How many countries have MCC list

How many countries have MCC list ? It answer is 46 countries. MCC is in 46 countries in the world including Nepal till September 2017. Nepal is the only one country in South Asia that MCC will provide funds. Sri Lanka has already rejected the fund.

MCC passed countries

Do you want to know the MCC passed countries till now ? If yes, we share about it here under the below table;

CountryProgram NameLifecycle StatusProgram AmountSigning Date
Flag of AlbaniaAlbania Threshold ProgramClosed$13,900,0004-Apr-06
Albania    
Europe, Asia and the PacificAlbania Threshold Program, Stage IIClosed$15,731,00029-Sep-08
Flag of ArmeniaArmenia CompactClosed$235,650,00027-Mar-06
Armenia    
Europe, Asia and the Pacific    
Flag of BelizeBelize Proposed CompactDevelopment  
Belize    
Latin America    
Flag of BeninBenin CompactClosed$307,298,04022-Feb-06
Benin    
AfricaBenin Power CompactImplementation$391,000,0009-Sep-15
Flag of Burkina FasoBurkina Faso CompactClosed$480,943,56914-Jul-08
Burkina FasoBurkina Faso Compact IISigned$450,000,00013-Aug-20
AfricaBurkina Faso Threshold ProgramClosed$12,900,00023-Jul-05
Flag of Cabo VerdeCabo Verde CompactClosed$110,078,4885-Jul-05
Cabo Verde    
AfricaCabo Verde Compact IIClosed$66,230,00010-Feb-12
Flag of Côte d’IvoireCôte d’Ivoire CompactImplementation$524,740,0007-Nov-17
Côte d’Ivoire    
Africa    
Flag of El SalvadorEl Salvador CompactClosed$460,940,00029-Nov-06
El Salvador    
Latin AmericaEl Salvador Investment CompactClosure$277,000,00030-Sep-14
Flag of EthiopiaEthiopia Proposed Threshold ProgramDiscontinued  
Ethiopia    
Africa    
Flag of GeorgiaGeorgia CompactClosed$395,300,00012-Sep-05
Georgia    
Europe, Asia and the PacificGeorgia Compact IIClosed$140,000,00026-Jul-13
Flag of GhanaGhana CompactClosed$547,009,0001-Aug-06
Ghana    
AfricaGhana Power CompactImplementation$315,851,3956-Aug-14
Flag of GuatemalaGuatemala Threshold ProgramClosure$28,000,0008-Apr-15
Guatemala    
Latin America    
Flag of GuyanaGuyana Threshold ProgramClosed$6,711,00024-Aug-07
Guyana    
Latin America    
Flag of HondurasHonduras CompactClosed$205,000,00014-Jun-05
Honduras    
Latin AmericaHonduras Threshold ProgramClosed$15,650,00028-Aug-13
Flag of IndonesiaIndonesia CompactClosed$600,000,00019-Nov-11
IndonesiaIndonesia Proposed CompactDevelopment  
Europe, Asia and the PacificIndonesia Threshold ProgramClosed$55,000,00026-Oct-06
Flag of JordanJordan CompactClosed$275,100,00025-Oct-10
Jordan    
Europe, Asia and the PacificJordan Threshold ProgramClosed$25,000,00017-Oct-06
Flag of KenyaKenya Proposed Threshold ProgramDevelopment  
Kenya    
AfricaKenya Threshold ProgramClosed$12,700,00023-Mar-07
Flag of KiribatiKiribati Proposed Threshold ProgramDevelopment  
Kiribati    
Europe, Asia and the Pacific    
Flag of KosovoKosovo Proposed CompactDevelopment  
Kosovo    
Europe, Asia and the PacificKosovo Threshold ProgramImplementation$49,000,00012-Sep-17
Flag of Kyrgyz RepublicKyrgyz Republic Threshold ProgramClosed$15,994,00014-Mar-08
Kyrgyz Republic    
Europe, Asia and the Pacific    
Flag of LesothoLesotho CompactClosed$362,551,00023-Jul-07
Lesotho    
AfricaLesotho Proposed CompactDevelopment  
Flag of LiberiaLiberia CompactClosure$256,726,0002-Oct-15
Liberia    
AfricaLiberia Threshold ProgramClosed$15,073,0507-Jul-10
Flag of MadagascarMadagascar CompactTerminated$109,773,00018-Apr-05
Madagascar    
Africa    
Flag of MalawiMalawi CompactClosed$350,700,0007-Apr-11
MalawiMalawi Proposed CompactDevelopment  
AfricaMalawi Threshold ProgramClosed$20,920,00024-Sep-05
Flag of MaliMali CompactTerminated$460,811,16413-Nov-06
Mali    
Africa    
Flag of MoldovaMoldova CompactClosed$262,000,00022-Jan-10
Moldova    
Europe, Asia and the PacificMoldova Threshold ProgramClosed$24,700,00016-Dec-06
Flag of MongoliaMongolia CompactClosed$284,911,36322-Oct-07
Mongolia    
Europe, Asia and the PacificMongolia Water CompactImplementation$350,000,00027-Jul-18
Flag of MoroccoMorocco CompactClosed$697,500,00031-Aug-07
Morocco    
AfricaMorocco Employability and Land CompactImplementation$450,000,00030-Nov-15
Flag of MozambiqueMozambique CompactClosed$506,924,05313-Jul-07
Mozambique    
AfricaMozambique Proposed CompactDevelopment  
Flag of NamibiaNamibia CompactClosed$304,477,81628-Jul-08
Namibia    
Africa    
Flag of NepalNepal CompactSigned$500,000,00014-Sep-17
Nepal    
Europe, Asia and the Pacific    
Flag of NicaraguaNicaragua CompactClosed$113,500,00015-Jul-05
Nicaragua    
Latin America    
Flag of NigerNiger CompactImplementation$437,024,00029-Jul-16
Niger    
AfricaNiger Threshold ProgramClosed$16,898,16018-Mar-08
Flag of ParaguayParaguay Threshold ProgramClosed$34,645,092 
Paraguay    
Latin AmericaParaguay Threshold Program, Stage IIClosed$30,300,00014-Apr-09
Flag of PeruPeru Threshold ProgramClosed$35,585,00010-Jun-08
Peru    
Latin America    
Flag of PhilippinesPhilippines CompactClosed$433,910,00023-Sep-10
Philippines    
Europe, Asia and the PacificPhilippines Threshold ProgramClosed$20,685,00027-Jul-06
Flag of RwandaRwanda Threshold ProgramClosed$24,730,00024-Sep-08
Rwanda    
Africa    
Flag of São Tomé and PrincipeSão Tomé and Prí­ncipe Threshold ProgramClosed$7,362,4269-Nov-07
São Tomé and Principe    
Africa    
Flag of SenegalSenegal CompactClosed$540,000,00016-Sep-09
Senegal    
AfricaSenegal Power CompactImplementation$550,000,00010-Dec-18
Flag of Sierra LeoneSierra Leone Proposed CompactDevelopment  
Sierra Leone    
AfricaSierra Leone Threshold ProgramClosure$44,400,00017-Nov-15
Flag of Solomon IslandsSolomon Islands Threshold ProgramSigned$20,000,00022-Jan-22
Solomon Islands    
Europe, Asia and the Pacific    
Flag of Sri LankaSri Lanka CompactDiscontinued  
Sri Lanka    
Europe, Asia and the Pacific    
Flag of TanzaniaTanzania CompactClosed$698,136,00017-Feb-08
TanzaniaTanzania Proposed CompactSuspended  
AfricaTanzania Threshold ProgramClosed$11,200,000 
Flag of The GambiaThe Gambia Threshold ProgramImplementation$25,000,00016-Nov-21
The Gambia    
Africa    
Flag of Timor-LesteTimor-Leste Proposed CompactDevelopment  
Timor-Leste    
Europe, Asia and the PacificTimor-Leste Threshold ProgramClosed$10,496,00023-Sep-10
Flag of TogoTogo Threshold ProgramImplementation$35,000,00014-Feb-19
Togo    
Africa    
Flag of TunisiaTunisia CompactDevelopment  
Tunisia    
Africa    
Flag of UgandaUganda Threshold ProgramClosed$10,446,18029-Mar-07
Uganda    
Africa    
Flag of UkraineUkraine Threshold ProgramClosed$44,970,0004-Dec-06
Ukraine    
Europe, Asia and the Pacific    
Flag of VanuatuVanuatu CompactClosed$65,690,0002-Mar-06
Vanuatu    
Europe, Asia and the Pacific    
Flag of ZambiaZambia CompactClosed$354,757,64010-May-12
ZambiaZambia Proposed CompactDevelopment  
AfricaZambia Threshold ProgramClosed$22,735,00023-May-06

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