2022-01-01
The Palestine Monetary Authority issued Circular No. 89 of 2022 to mandate that all licensed exchangers operating in Palestine strictly comply with Cabinet Decision No. 4 of 2021, which establishes a minimum monthly wage of 1,880 shekels across all sectors. The decision further sets minimum daily and hourly rates at 85 shekels and 10.5 shekels respectively for casual and seasonal workers, incorporates tripartite committee agreements, and repeals conflicting regulations. This directive takes effect at the beginning of 2022 and requires all relevant authorities to enforce the new wage standards and publish them in the Official Gazette.
[Logo of the Palestine Monetary Authority] Palestine Monetary Authority PALESTINE MONETARY AUTHORITY
Circular No. (89 / 2022) To All Exchangers Operating in Palestine Date: Sunday, 03 April, 2022
Subject: Cabinet Decision No. (4) of 2021 Regarding the Minimum Wage
With reference to the esteemed Cabinet Decision No. (4) of 2021 regarding the minimum wage, we emphasize the necessity for exchangers to comply with the provisions of the attached decision in accordance with regulations, based on the requirement that the monthly salary shall not be less than 1,880 shekels.
Supervision Group Palestine Monetary Authority
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2021/09/22 | Palestinian Official Gazette | No. (183)
Cabinet Decision No. (4) of 2021 Regarding the Minimum Wage in Palestine
The Cabinet, Pursuant to the provisions of the Basic Law amended in 2003 and its amendments, and the provisions of Labor Law No. (7) of 2000, and after reviewing Cabinet Decision No. (46) of 2004 on the charter for forming the Wages Committee, and reviewing Cabinet Decision No. (14/21/01/P.M./S.F.) of 2012, and the decision of the National Wages Committee dated 2021/03/28, and based on the proposal of the Minister of Labor / Chairman of the National Wages Committee, and the powers delegated to us, and in pursuit of the public interest,
The Cabinet decided in its meeting held on 2021/08/23 the following:
(1) Article Approving the minimum wage in all areas of the State of Palestine as follows:
(2) Article What is agreed upon in the tripartite committees formed pursuant to the decision of the National Wages Committee shall be considered part of this decision, after its approval by the Cabinet.
(3) Article All provisions conflicting with this decision are hereby repealed.
Office of Fatwa and Legislation | 36 | Electronic Reference of the Official Gazette | Reference Number: 2021-9-183 mjr.lab.pna.ps
2021/09/22 | Palestinian Official Gazette | No. (183)
(4) Article All relevant authorities shall, each within their respective jurisdiction, implement the provisions of this decision. It shall take effect at the beginning of the year 2022 and be published in the Official Gazette.
Issued in Ramallah on: 2021/08/23 Gregorian Corresponding to: 15/Muharram/1443 Hijri
Dr. Mohammed Shtayyeh Prime Minister
Office of Fatwa and Legislation | 37 | Electronic Reference of the Official Gazette | Reference Number: 2021-9-183 mjr.lab.pna.ps