Regulatory Alerts2024-01-01
Circular No. 74: User Financing Roadmap
The Palestine Monetary Authority (PMA) issued Circular No. 74, outlining a roadmap for user financing to develop the financial sector and enhance its stability and efficiency. This initiative aligns with the national strategy for financial inclusion and the PMA's vision for sustainable economic development and comprehensive growth. It also implements a Council of Ministers' decision regarding digital transformation, financial technology, and the development of innovative financial services and products to meet the needs of both public and private sectors, while enhancing financial inclusion and digital payments.
Sustainable Finance (ESG) 4. The Authority's Headquarters d4r-1J www.pma.ps Ramallah & Al-Bireh Governorate - Palestine P.O. Box 452 Ramallah & Al-Bireh Governorate - Palestine info@pma.ps| Fax: +970 2 2415310 Fax | Tel: +970 2 2415251 :Tel| Postal code: P6160675 :Postal code SX cii iI K mloll > niII riKI m PALESTINE MONETARY AUTHORITY 4-gI (2024/7]-^ ) fij Circular to Financial Institutions May 12, 2024 rt Based on the Palestine Monetary Authority's efforts to develop the financial sector and enhance its stability and efficiency, and in line with the national strategy for financial inclusion and the Authority's vision to achieve sustainable economic development and comprehensive growth, and in implementation of the Council of Ministers' decision No. (ȣ] dated a_h_)l_k aiGj regarding the roadmap jja^^h for digital transformation ajLuijLaxJI and financial technology aJLoll ..:all and the development 4_al.lT of innovative jjj)%~lllj financial services oL^ajal and products kj>>4~>'ia (jjJjSJI to meet the needs of the public ojLjj and private sector 4'l1ir~l AfI . to enhance /n financial inclusion iljl I~ and digital payments flj II rys and to support J>Lk.