The decision to terminate these grants reportedly came after a suggestion from Trump’s close aide, billionaire entrepreneur Elon Musk. Musk advised the administration to cut down on what he described as unnecessary foreign aid spending.
On 1 March 2022, Nepal’s coalition government, led by the Nepali Congress party, finally ratified the Millennium Challenge Corporation (MCC)’s Nepal compact, a US$500 million infrastructure and...
Nepal occupies a crucial geostrategic location in SouthAsia – sandwiched between powerful and competing neighbours in India and China, outstripping the Himalayan nation in...
A deal signed in 2008 with the previous US-backed government, but it came to a standstill after a Taliban-led attack.
By Maliha Safi
A Chinese delegation...
One should, nevertheless, keep in mind that war is horrific. It is most often not the answer. When it is, it is always the very last resort after all other means to resolve adverse situations have been well and truly exhausted.
Tourism, one of Sri Lanka’s key economic drivers, is set to receive $200 million. These funds will be used to protect and enhance natural and cultural heritage sites, create employment opportunities, and ensure local communities benefit directly from tourism revenues.
One should, nevertheless, keep in mind that war is horrific. It is most often not the answer. When it is, it is always the very last resort after all other means to resolve adverse situations have been well and truly exhausted.
Tourism, one of Sri Lanka’s key economic drivers, is set to receive $200 million. These funds will be used to protect and enhance natural and cultural heritage sites, create employment opportunities, and ensure local communities benefit directly from tourism revenues.