Egypt approves $5.8M capital increase for IDA
Egypt agreed to subscribe to an amount of 5.81 million dollars in the nineteenth capital increase of the International Development Agency, according to a presidential decision issued on October 15, 2026. This comes in response to the Board of Governors' Resolution No. 244, aimed at supporting the funding of international development projects. The subscription is subject to approval and reflects Egypt's commitment to assisting in the development of programs worldwide.
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