Kathmandu, Feb. 20
Finance Minister Dr.
Yuba Raj Khatiwada has assured the congressmen from the USA that the Millennium
Challenge Compact agreement would be ratified from the Parliament.
"There is no doubt
that Nepal needs the US grant support, so it would get the legislature's
approval," he said in a courtesy meeting with congressmen duo George
Holding and Ami Bera at his office at Singhadurbar on Thursday.
The Finance Minister
also said that Nepal needed additional support in institutionalising
federalism. “We are working to make public service in federal setup more
qualitative, effective and technology-friendly and we need more support for it,”
he said to the congressmen.
He expressed gratitude
for the long-lasting US support in education, health and agriculture.
Dr. Khatiwada also
informed the guests about Nepal's development priority, economic status and
efforts to create an investment-friendly environment.
"Nepal is an
appropriate destination for investment as the products produced here will not
have any problem of finding the markets since it lies between the two largest
markets in the world," he said and thanked for the enthusiastic
participation of the US investors in the Nepal Investment Summit organised last
year.
The congressmen had
inquired about the Nepali economy, role of the private sector, development
priority and government's work in it.
Published in The Rising Nepal daily on 21 February 2020. 
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