Heritage Reporter

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Tinubu jets out to France on first official trip

Ahead of the Global Financing Pact Summit convened by President Emmanuel Macron in Paris, President Bola Tinubu has departed Abuja for France on Tuesday.

 

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.

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.

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 would 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.”

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