President Bola Ahmed Tinubu will on June 22 2023, join other world leaders in Paris, France to review and sign a New Global Financial Pact, a statement from Dele Alake, Special Adviser to the President on Special Duties, Communication and Strategy has revealed. According to the statement, the pact places vulnerable countries on the priority list for support and investment, as aftermath of the devastating impact of climate change, energy crisis and effects of the COVID 19 pandemic.
This will be President Tinubu’s first official trip outside the country following his assumption of office on May 29, 2023.
The statement read in part: “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.
“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, with a view to providing 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 members of the Presidential Policy Advisory Council and senior government officials. He will return to Abuja on Saturday,” Alake concluded.
