What will be the fate of MCC?

Two things can possibly happen today: (1) the parliament will either approve or disapprove Millennium Challenge Corporation (MCC), or (2) in line with Nepali spirit of doing everything at the Eleventh Hour, and also to test the nerve of the Americans, the parliament session may be postponed, once again, for a day. Because there is one more extra day to go before MCC deadline expires on 28 February.

Whatever happens with the MCC – approved, disapproved or put into a deep freeze due to indecisiveness of the political parties – it is time to draw lessons from the controversy.