Politics
Egypt issues decree approving subscription in IDA's 20th capital increase
October 22, 2026 at 01:00 PM
Coverage
2 reports
President Abdel Fattah al-Sisi has issued a decree approving Egypt's subscription in the 20th capital increase of the International Development Association.
- Sisi issued Decree No. 218 of 2026 approving Egypt's subscription in the IDA's 20th capital increase, published in the Official Gazette on Thursday.
- The subscription totals $6,190,000 per IDA Board of Governors decision No. 248, reserved subject to ratification.
- The decree followed Cabinet approval and cites Article 151 of the constitution governing the president's conduct of foreign relations.

