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.
Palestine Monetary Authority
Circular No. (59 / 2025) To all banks operating in Palestine Date: Wednesday, 04 June, 2025
Subject: Disbursement of a Salary Installment for Public Sector Employees
In light of the Ministry of Finance's disbursement of 50% of the salary installment for public sector employees for the month 2025/04 (based on 70% of the calculated salary), and with the Palestine Monetary Authority keen on regulating the process of repaying banking facilities granted to public sector employees, banks are requested not to deduct any part of the transferred salary installment. The installment shall be deducted from the supplementary salary installment to be disbursed after the blessed Eid al-Adha holiday.
Supervision Group Palestine Monetary Authority