On Thursday, June 22, President Bola Ahmed Tinubu will join world leaders in Paris, France, to review and sign a New Global Financial Pact that places vulnerable countries on a priority list for support and investment, following the devastating impact of climate change, energy crisis, and after effect of the COVID-19 pandemic.
In a statement released by Dele Alake, his Special Adviser, Special Duties, Communication, and Strategy, said the President will participate in the two-day Summit, June 22 and 23, that looks at opportunities to restore fiscal space to countries that face difficult short-term financial challenges, especially the most indebted; mobilize innovative financing for countries vulnerable to climate change; foster development in low-income countries, and encourage investment in “green” infrastructure for the energy transition in emerging and developing economies.
The statement read, “President Tinubu and the other global leaders, multilateral institutions, financial experts and economists will take a more holistic look at the recovery of economies from the impact of COVID-19 pandemic, and rising cases of poverty, to provide access to finance and investment that will leverage inclusive growth. The Summit, which will be hosted by President Emmanuel Macron of France, will be held at Palais Brongniart.”
The President will be accompanied by Presidential Policy Advisory Council members, declared and senior government officials. He will return to Abuja on Saturday, June 24.