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Economy

PCBS: Sharp Increase in the Industrial Production Index during May

PNN/ Ramallah/ Palestinian Central Bureau of Statistics said it continues to work on data collection and production of Palestinian Industrial…

Israeli war on Palestinian watermelon: Untold story in Jordan Valley

Jordan Valley/PNN/ Despite the beautiful atmosphere the Palestinian watermelon season usually creates every year in the Jordan Valley, it has…

Deficit in current account reaches $349 million in first quarter 2020 – PCBS, PMA

Ramallah/PNN/  An incessant deficit in the Current Account (goods, services, income, current transfers) totaled $349 million in first quarter 2020,…

Weekly losses of transportation sector in Palestine hit $11 million

PNN/ Ramallah/ The Palestinian Central Bureau of Statistics and the Ministry of Transport in a joint press release said that…

PMA & PCMA launch the financial inclusion website in Palestine

PNN/ Ramallah/ Palestine Monetary Authority and Palestine Capital Market Authority launched today the financial inclusion website (www.financialinclusion.ps), which is a…

With German support: Tourism Recovery Task force to Launch New Protocols and Standards

Bethlehem/PNN/ Under the auspices and presence of H.E. Rula Maayah, Minister of Tourism and Antiquities (MoTA), and Christian Clages, Head…

“Shareeka” : an online platform to enhance gender economic equality in Palestine

Ramallah/PNN/ In cooperation with Canada Feminist Fund, launched an online platform “Shareeka” to enhance gender economic equality in Palestine, and…

Palestinian Economy Struggles as Coronavirus Inflicts Losses

Jerusalem/PNN/ An abrupt decline in economic activities and pressure on the Palestinian Authority (PA)’s finances have placed Palestinian livelihoods at…

UN paper calls for action to avert Palestinian economic collapse; Warns against unilateral moves that can trigger conflict and instability

Jerusalem/PNN/ In a newly published paper, the United Nations argues that the COVID-19 emergency underscores the inadequacy of the frameworks…

PMA launches $300 mln “Sustainability” program to finance SMEs

PNN/ Ramallah/ Governor of Palestine Monetary Authority, Azzam Shawwa, announced today the launch of the "Sustainability" Program to provide financing…

Palestine Monetary Authority: Starting to Provide Electronic Payment Services in Palestine

Ramallah/PNN/ Palestine Monetary Authority issued today instructions to operate and provide electronic payment services, which include both e-wallet and prepaid…

PCBS: Sharp Decrease in the Industrial Production Index during March

PNN/ Ramallah/ Palestinian Central Bureau of Statistics (PCBS) on Tuesday said that the overall Industrial Production Index (IPI) in Palestine…

Two months into pandemic: Bethlehem the most economically afflicted city

PNN/ Bethlehem/ Two months into state of emergency, head of the Bethlehem Chamber of Commerce & Industry, Dr. Samir Hazboun…

PIF launches ‘Esnad’ emergency lending program in support for Micro and Small enterprises

Bethlehem/PNN/ The Palestine Investment Fund (PIF) has launched its emergency lending program ‘Esnad’ for the support of non-bankable Micro- and…

From Nablus: The EU announces new support to social protection and private sector development

Nablus/PNN/ The European Union Representative Sven Kühn von Burgsdorff visited Nablus today for the first time amid the coronavirus pandemic.…