World Bank says the PMA is ‘steadily building the capabilities’ of a central bank

Palestine Monetary Authority
The Palestine Monetary Authority
Photo: PMA

The Palestine Monetary Authority (PMA) "has "steadily been building the capabilities of a central bank", according to a report published by the World Bank, despite operating in a "struggling" economy.

The banking sector is "well regulated" and "remains healthy thanks to the efforts of the PMA", the World Bank said in an economic monitoring report published last week.

The recent conflict in the territory has been addressed by the PMA, who has taken measures to mitigate its effect on the banking

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