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MCC Board of Directors Approves Compact With Nepal
August 17, 2017
WASHINGTON, Aug. 17 -- The Millennium Challenge issued the following news release:

The U.S. Government's Millennium Challenge Corporation (MCC) Board of Directors this week approved a $500 million compact with Nepal, MCC's first compact in South Asia. The Government of Nepal has committed to contributing an additional $130 million to support MCC's investment. Pending Congressional review, the compact is expected to be signed by both governments in September.

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