Money

US suspends payment of $500 million pending ratification of Nepal Compact

The money will be spent on the Electricity Transmission and Transportation Project. US suspends payment of $500 million pending ratification of Nepal Compact
The Compact, which was tabled in Parliament nearly a year ago, awaits passage because of differences among the ruling party lawmakers and leaders over Nepal’s degree of involvement in the Indo-Pacific Strategy and the Belt and Road Initiative. Shutterstock
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Prahlad Rijal
Published at : December 6, 2019
Updated at : December 6, 2019 08:35
Kathmandu

Prahlad Rijal

Prahlad Rijal is a business reporter at The Kathmandu Post, focusing on the energy sector. Before joining the Post, Rijal was an online reporter at The Himalayan Times.


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