Palestine

Al-Wazir starts as Palestine governor

Jihad Al-Wazir began his term as governor of the Palestine Monetary Authority on Tuesday after Mahmoud Abbas, Palestine's president, approved the appointment on Sunday.

Abed tips deputy Al-Wazir for PMA governor

George Abed, the former governor of the Palestine Monetary Authority (PMA), told Central Bank News on Wednesday that he expects Jihad al-Wazir, the deputy governor and current acting governor, to succeed him.

New York court lifts PMA freeze

A New York court has lifted a freeze on the US operations of the Palestine Monetary Authority, which acts as the Palestinian central bank, that was imposed in connection with the killing of two Americans in a Hamas shooting attack.

Hamas appeals to banks to help end funding crisis

According to this article published on Wednesday 26 April, officials say the Palestinian economy could quickly collapse. The independent Palestine Monetary Authority is holding talks with the central banks of Egypt and Jordan to find a way out, it says.

Palestian transfers can continue - Fischer

The governor of the Bank of Israel, Stanley Fischer, has said Israel can still have economic ties with the Palestinians after Hamas takes over, provided the Islamic militants do not resume attacks on Israel.

Third Euro-Mediterranean central bank seminar

The third Euro-Mediterranean seminar, which brings together Eurosystem and non-euro area Mediterranean central banks, was jointly organised by the Bank of Greece and the European Central Bank and held in Nafplion on 25 January.

PMA chief steps down

The governor of the Palestine Monetary Authority, Amin Haddad, resigned on Wednesday 5 January , according to a Palestinian minister who was quoted in local press reports.

PMA chief Haddad accuses Israel

The governor of the Palestine Monetary Authority, Amin Haddad, on Thursday 26 February accuses Israel of "daylight theft at gunpoint" after Israeli troops seized over $8 million from banks in the West Bank city of Ramallah.

IMF says PMA not a central bank yet

The IMF has said in a press conference that the Palestine Monetary Authority is "not a central bank yet in that their role really is, at the present time, confined to banking supervision and also the holding of required reserves to banks operating in…

Gretta takes medical delegation to Palestine

Gretta Duisenberg, wife of the President of the European Central Bank, has accompanied a medical delegation to Palestine consisting of five physicians from the Netherlands and Belgiu, according to a report by the Palestine Chronicle.