Gwamcee News
President Bola Tinubu will be traveling to France on Tuesday for his first official foreign trip.
While on the trip, Tinubu, with other world leaders, will sign a New Global Financial Pact in Paris between June 22 and 23.
President Tinubu, who will be jetting out of the country on Tuesday with members of the Presidential Policy Advisory Council, will return to the country on Saturday.
A statement by his Special Adviser on Special Duties, Communication and Strategy, Mr. Dele Alake, said the new financial pact to be signed at the event will be favourable to vulnerable countries.
“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.
“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.
“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 statement reads.
