As Elon Musk’s axe falls on MCC, Nepal fears the worst
kathmandupost.com · Fri Apr 25 02:04:17 GMT 2025
No clarity, but the worry is projects could be slashed. PM’s adviser says Nepal will ask the US to reconsider decision.
In a blow to Nepal’s development aspirations, the Trump administration has decided to shut down Millennium Challenge Corporation (MCC), another US aid agency that has been providing support to core infrastructure development in several countries including Nepal. The decision was taken by billionaire Elon Musk’s Department of Government Efficiency (DOGE), a Trump administration initiative.
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