Arab Finance: published Official Gazette FIssue No. 2, on January 9, 2025, the decision of the President of the Arab Republic of Egypt to ratify Law No. 247 of 2024, approving an increase in the share of the Arab Republic of Egypt in the International Monetary Fund by “50%”.
The Official Gazette explained that the decision came after reviewing the text of Article 151 of the Constitution. After the approval of the Council of Ministers.
It was agreed to increase the share of the Arab Republic of Egypt in the International Monetary Fund by “50%”, with reservations on the condition of ratification.
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