Kuwait's Subscription to the Arab Monetary Fund Raised to 122.5 Million Dinars
A law decree was issued to amend Kuwait's subscription in the increase of the Arab Monetary Fund's capital from 1.25 million to 122.5 million dinars.
Translated by Qiyas from الجريدة — Original source
A decree-law was issued amending the value of Kuwait’s subscription to the increase in the capital of the Arab Monetary Fund, raising it from 1.25 million to 122.5 million dinars.
According to the decree-law published in the official gazette, Al-Kuwait Al-Yaum, the amendment was made to correct the value stated in Decree-Law No. (7) of 2026, which concerns Kuwait’s approval to subscribe to the Fund’s capital increase, in accordance with Resolution No. (9) of 2024 of the Board of Governors.
The explanatory memorandum clarified that the correct subscription amount is 122.5 million dinars, to be paid in 20 equal semi-annual installments, as stipulated in the previous decree-law.
