Central Banking

PMA's Alwazir: reform agenda continues


In times of crisis, cash is king - a maxim to which Jihad Alwazir, the governor of the PMA, will testify. "Our number one issue during the conflict with Israel was providing enough cash for the banking sector in Gaza," Alwazir tells CentralBanking.com on the sidelines of a conference to commemorate Bank Negara Malaysia's 50th birthday. "The banking sector has to pay the wages of all of the aid workers and the staff of non-governmental organisations. There are also about 77,000 civil servants."