Millennium Challenge Corporation (MCC) will invest in
infrastructure through government system, informed the visiting MCC team here
today.
"A larger compact programme that will follow the success of
the threshold programmes will be an investment in infrastructure," said
managing director of the MCC Policy Department Thomas Kelly clarifying that the
threshold programmes are purely technical assistance intended to improve policy
and institutional environment in the concerned sector and will not be feed into
government budget system.
During the meeting with economic advisor Dr Chiranjibi Nepal and
finance secretary Shanta Raj Subedi at the Finance Ministry, the MCC team led
by Kelly was briefed of the four constraints
for the sustainable and high growth and economic development.
Finance secretary thanking the visitors for re-selecting Nepal for
2014 MCC threshold programme also informed that the government has already
approved it and planning to incorporate it in the next fiscal year's budget.
Subedi
also highlighted the current macroeconomic situation and emphasised that such assistance
should help resolve constraints for the sustainable and high growth and
economic development for the inclusive and balanced development. 
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