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Nepali Congress President Sher Bahadur Deuba and US Assistant Secretary of State for South and Central Asia Affairs Donald Lu held a meeting at the former’s residence in Dhumbarahi on Friday.

Lu, who came to Kathmandu to discuss the issue of MCC implementation, is scheduled to meet senior leaders of various political parties.

He arrived in Kathmandu on Friday.

The US Assistant Secretary was welcomed by US Ambassador to Nepal Dean Thompson at the Tribhuvan International Airport.

Preparations are underway to implement the MCC from mid-August 18 months after the endorsement by the Parliament.

As per the MCC agreement, the US agency will provide $500 million in grants and the government will spend $130 million on energy and transportation projects.

US Assistant Secretary of State for South and Central Asia Affairs, Donald Lu, arrived in Kathmandu on Friday.

US Ambassador to Nepal Dean Thompson welcomed him at the Tribhuvan International Airport.

He left for the MCC office directly from the airport.

During this stay in Nepal, he is scheduled to meet Nepal government officials and ministers.

Lu arrived in Nepal on the eve of the implementation of the US-aided Millennium Challenge Corporation (MCC).

Preparations are underway to implement the MCC from mid-August 18 months after the endorsement by the Parliament.

As per the MCC agreement, the US agency will provide $500 million in grants and the government will spend $130 million on energy and transportation projects.

According to MCA Nepal, more than two billion rupees have already been spent on the MCC project so far.

During the Nepal visit, the US Assistant Secretary is scheduled to call on Prime Minister Pushpa Kamal Dahal and Foreign Minister NP Saud.

US Assistant Secretary of State for South and Central Asia Affairs, Donald Lu, is arriving in Nepal on Friday.

He will arrive in Kathmandu via India.

The government has been saying that the Millennium Challenge Corporation (MCC) endorsed by the Parliament will be fully implemented from August.

Assistant Secretary Lu is arriving in Kathmandu to discuss the same issue.

During this stay in Nepal, the Foreign Ministry said that he is scheduled to hold discussions with the concerned stakeholders on the MCC, a source said.

The US Assistant Secretary said that he is scheduled to hold discussions with the officials of Foreign Ministry, leaders of various political parties and ministers.

He is scheduled to return home tomorrow.

This is Doland Lu’s third visit to Nepal.

Earlier, he had visited Nepal on November 17, 2021 and November 28, 2022.

At that time, he held meetings with the then Prime Minister Sher Bahadur Deuba and top leaders of various political parties.

Both Houses of Federal Parliament have passed the budget presented by the government for the upcoming fiscal year 2080/81 BS (2023/24).

Today's meeting of the National Assembly passed the Appropriation Bill, 2080, received from the House of Representatives with a majority.

In the meeting, Finance Minister Dr Prakash Sharan Mahat presented a proposal for the passage of the Appropriation Bill, 2080.

Before this, a proposal for cutting the expenses of different headings under the Appropriation Bill, 2080, was rejected by a majority of the members.

The respective ministers had responded to queries raised in the course of deliberation on different topics under the Appropriation Bill, 2080 in the meeting.

The House of Representatives passed the budget for the coming fiscal year on June 28. The government had presented the budget for fiscal year 2080/81 in both Houses of the Federal Parliament on May 29.

With the passage of the budget from both Houses, the way for the implementation of the budget has opened from July 17.