The FINANCIAL — Asian Development Bank (ADB) President Masatsugu Asakawa and Luxembourg Minister of Finance and ADB Governor Pierre Gramegna in a call today discussed the ADB–Luxembourg partnership in Asia and the Pacific and responses to the coronavirus disease (COVID-19) pandemic. “ADB highly values its partnership with Luxembourg, which has shown strong support through its funds at ADB for Asia’s financial development and carbon markets,” Mr. Asakawa said. “Given the challenges posed by the COVID-19 pandemic, I hope we can expand our partnership in these and other areas of mutual interest.” Mr. Asakawa said that a resilient, functional, and innovative…
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The FINANCIAL — Asian Development Bank (ADB) President Masatsugu Asakawa and Luxembourg Minister of Finance and ADB Governor Pierre Gramegna in a call today discussed the ADB–Luxembourg partnership in Asia and the Pacific and responses to the coronavirus disease (COVID-19) pandemic. “ADB highly values its partnership with Luxembourg, which has shown strong support through its…
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The FINANCIAL — Luxembourg became the first country to make public transport free for the entire nation. The strategy aims to reduce the gap between rich and poor, and to reduce congestion. The price of the project is €41m (£35m; $44m) in lost ticket fares. The country of 620,000 people, stopped selling tickets on its…
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