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Section: General News - The Government of Luxembourg is committing a further $1.65 million equivalent to the Financial Sector Development Partnership Fund, Asian Development Bank (ADB) said.
The latest contribution - its fourth - raises Luxembourg's total assistance to the ADB-administered fund to $3.85 million equivalent. The fresh assistance will be used to support new advisory and capacity building technical assistance work in the sector. It will also help ADB's plans to expand the fund into a multi-donor facility.
The past and present generous support from Luxembourg will help continue our current technical assistance work plans and pave the way to an expanded …