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.

Central Bank News wrote in mid-November that Al-Wazir was likely to succeed George Abed as governor.

Al-Wazir, a former deputy finance minister, served as Abed's deputy during his two-and-a-half year stay at the central bank.

Abed told Central Bank News that he thought Al-Wazir was the best person to replace him.

"Al-Wazir has