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President Tinubu Set To Participate In Paris Summit For Global Financial Pact

Quicktellnews by Quicktellnews
June 19, 2023
in Top Stories
0
President Tinubu Set To Participate In Paris Summit For Global Financial Pact

Bola Tinubu will travel abroad for the first time as president on Thursday to attend the Paris Summit for the New Global Financial Pact with his international counterparts.

The two-day summit seeks to explore “opportunities to restore fiscal space to countries that face difficult short-term financial challenges”.

Dele Alake, the president’s special adviser on communications and strategy, announced the proposed trip in a statement on Monday.

The statement Reads:

“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 countries,”

“The summit will 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.

“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, with a view to providing access to finance and investment that will leverage inclusive growth.”

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

Tags: 2023 electionbuharielectionmodernnewsnigeriaPDP
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