El-Sisi approves €2M French financing for social protection

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Thu, 20 Aug 2026 - 12:26 GMT

BY

Thu, 20 Aug 2026 - 12:26 GMT

CAIRO – 20 August 2026: Egypt’s Official Gazette has published Presidential Decree No. 703 of 2026, approving the second amendment to a financing agreement between the Egyptian government and the French Development Agency.

The amendment allocates €2 million to support Egypt’s social protection sector, subject to ratification.

The House of Representatives approved the decree on June 15, 2026, before President Abdel Fattah El-Sisi ratified it on June 28.

Foreign Minister Badr Abdelatty subsequently issued Decree No. 19 of 2026 ordering its publication in the Official Gazette.

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