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Economy

Israeli siege has cost Gaza $70m a month in economic loss

GAZA/PNN/ A Palestinian lawmaker says the economic loss imposed on the Gaza Strip by Israel’s 14-year-old blockade of the Palestinian…

Israeli occupation costs Palestine over nine billion dollars every year

Alistair Avon /PNN/ Bethlehem/ The occupation negatively affects almost every aspect of daily life in Palestine, imposing a annual huge…

Ishtayeh: 1145 new permanent teachers and 1,700 new teachers

PNN / Ramallah Prime Minister Mohammad Ishtayeh said that the government has contacted the Monetary Authority, universities and telecommunications companies…

PMA reduces public sector salaries by 50%

The Palestinian Monetary Authority (PMA) on Monday issued an important circular to banks in Palestine, a few hours after the…

PMA Business Cycle Index :Remarkable drop in the West Bank and slight improvement in Gaza

Bethlehem/PNN/ The PMA has released the results of its extended Business Cycle Index (extended PMABCI) for July 2019. The results…

A decrease in Registered* Imports in Goods by 4% in May, 05/2019

Ramallah/PNN/ Exports decreased in May, 2019 by 1% compared to April, 2019. It also decreased by 6% compared to May,…

PCBS & Office of the Quartet to launch the Census Indicators website

PNN/ Ramallah/ Under the patronage of Dr. Ola Awad, President of Palestinian Central Bureau of Statistics (PCBS) and in partnership…

ARIJ: $270 million loss to Palestinians due to military checkpoints in West Bank

PNN/ Bethlehem/ A study conducted by the Applied Research Institute - Jerusalem (ARIJ) shows that Palestinians are losing 60 million…

PMA launches strategy to switch from using cash in daily transactions

PNN/ Ramallah/ Palestine Monetary Authority (PMA) on Monday launched a workshop about Financial Technologies (fintech) services, which was delivered by British…

Report: French insurer AXA complicit in Israel’s war crimes

PNN/ New York/ Global coalition demands AXA divest from companies violating Palestinian rights In a report, the US corporate watchdog SumOfUs documented…

Strengthening Palestinian anti money laundering standards Workshop for Palestinian Banks

Ramallah/PNN/ Well-governed financial institutions are key building blocks of a transparent banking sector in compliance with best international practice. This…

To Connect with the Credit Registry System : BCI Group Sign Agreement with Palestine Monetary Authority

Amman, Jordan /PNN/ Aiming to develop the ICT sector and services in Palestine, B Cell; a subsidiary company of BCI…

Deficit in Current Account is USD 306 Million of the Palestinian Balance of Payments – First Quarter 2019

Ramallah/PNN/ The Palestinian Central Bureau of Statistics (PCBS) and the Palestine Monetary Authority (PMA) announced the preliminary results of the…

Palestine rejects US economic revival plan as ‘illusion’

Cairo /PNN/ Palestinian Finance Minister Shukri Bishara has rejected the recently-released details about the economic section of a US-devised plan…

EU, France & Palestine launch the Nexus North Project

Jerusalem/PNN/ The European Union, France and the Palestinian Government launched today a new innovative project linking renewable energies and water…