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Tinubu to participate in two-day finance summit in Paris

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Tinubu to participate in two-day finance summit in Paris
Bola Tinubu

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President Bola Ahmed Tinubu will 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, following the devastating impact of climate change, energy crisis, and the effect of the COVID-19 pandemic. 

Tinubu will participate in the two-day summit starting from June 22 to 23 that will look at opportunities to restore fiscal space to countries that face difficult short-term financial challenges.

President Bola Ahmed Tinubu (Photo credit: NRTC Library)

According to Tinubu’s Special Adviser on Special Duties, Communication, and Strategy, Dele Alake, the summit will focus on 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.  

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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 the COVID-19 pandemic, and rising cases of poverty, to provide access to finance and investment that will leverage inclusive growth. 

President Bola Tinubu (Photo credit: NRTC Library)

The Summit, which will be hosted by President Emmanuel Macron of France, will be held at Palais Brongniart. 

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The President will be accompanied by members of the Presidential Policy Advisory Council and senior government officials and he is expected to return to Abuja on Saturday.