Tinubu Billed To Attend Global Finance Summit In Paris

President Bola Tinubu will have his first official trip on Thursday as he is to participate in the Paris Summary for New Global Financial Pact.

The summit convened by President Emmanuel Macron of France, will be held at Palais Brongniart.

In Paris, Tinubu will “participate, review and sign a New Global Financial Pact that places vulnerable countries on the priority list for support and investment, following the devastating impact of climate change, energy crisis, and after effect of the COVID-19 pandemic,” a statement signed by the Special Adviser, Special Duties, Communication and Strategy, Dele Alake, said on Monday.

The statement is titled ‘President Tinubu to participate in Paris summit for new global financial pact.’

The two-day Summit runs from June 22 to 23, will provide opportunities to restore fiscal space to countries that face difficult short-term financial challenges, especially the most indebted.

Leaders will also mobilise 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.

According to Alake, the President and the other global leaders, multilateral institutions, financial experts and economists will also take a more holistic look at the recovery of economies from the impact of the COVID-19 pandemic, and rising cases of poverty, with a view to providing access to finance and investment that will leverage inclusive growth.

Tinubu will be accompanied by members of the Presidential Policy Advisory Council and senior government officials.