Regulatory Alerts2025-01-01
Circular No. 59/2025: Disbursement of a Salary Installment for Public Sector Employees
The Palestine Monetary Authority issued Circular No. 59/2025 to all banks operating in Palestine to regulate the repayment of banking facilities for public sector employees. The directive mandates that banks must not deduct any portion from the current 50% salary installment transferred to employees. Instead, loan installments must be deducted from the subsequent salary installment scheduled for disbursement after the Eid al-Adha holiday.
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