In the past two months, Nepal’s political space had been marred by upheavals and doubts over the future of the ruling alliance between the Nepali Congress, Communist Party of Nepal (Maoist Center)/Maoist Party, and Communist Party of Nepal (Unified Socialist) [CPN-US], over ratification of the Millennium Challenge Corporation (MCC) which is USD 500 million grant offered by the United States (US) to Nepal for a period of five years. The MCC agreement had been awaiting its ratification by the Parliament of Nepal since 2017. Finally, it was ratified on February 27, 2022.