Chrys
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 a priority list for support and investment.
This follows the devastating impact of climate change,
energy crisis, and after effect of the COVID-19 pandemic.
The President will participate in the two-day Summit, June
22 and 23, that will explore 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.
The summit will mark Tinubu’s first official trip to France
since becoming President.
