President Bola Ahmed Tinubu will on Thursday, June 22, join world leaders in Paris, France, to review and sign a New Global Financial Pact that places vulnerable countries on priority list for support and investment, following devastating impact of climate change, energy crisis, and after effect of the COVID-19 pandemic.
This will be the first official trip of President Tinubu overseas since he assumed office on Monday, May 29, 2023.
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The President, according to a release issued on Monday by his Special Adviser on Special Duties, Communication and Strategy, Mr Dele Alake, will participate in the two-day Summit from June 22 to 23, that will look 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, who will be accompanied by members of the Presidential Policy Advisory Council and senior government officials, is expected back in Abuja on Saturday.