Abuja – President Bola Ahmed Tinubu will on Thursday, June 22, be in Paris, France to join other World Leaders to review and sign a New Global Financial Pact.
The pact 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.
Dele Alake, the Special Adviser on Special Duties, Communication and Strategy disclosed this in a statement on Monday.
“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 said.
According to Alake, 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 is being hosted by President Emmanuel Macron of France, will be held at Palais Brongniart.
Alake, said the President will be accompanied by members of the Presidential Policy Advisory Council and senior government officials.
Tinubu will return to Abuja on Saturday, June 24.
(vitalnewsngr.com)
