Regulatory Alerts2026-04-23
Added
Circular No. 14 Application of Minimum Wage
The Palestine Monetary Authority requires all payment service companies operating in Palestine to take necessary measures to comply with the Palestinian Ministry of Labor's directive on applying the approved minimum wage. This requirement is triggered by the impact of the exchange rate fluctuation between the US Dollar/Jordanian Dinar and the Israeli Shekel on wage calculations. The directive mandates adherence to the provisions of the Palestinian Labor Law regarding minimum wage enforcement.
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