Palestine Monetary Authority

Circular No. (2026/13)
To all banks operating in Palestine
Date: Thursday, April 23, 2026

Subject: Application of Minimum Wage

With reference to the subject above, please find attached a letter from the Ministry of Labor regarding the necessity of adhering to the application of the approved minimum wage in accordance with the provisions of the Palestinian Labor Law, which was affected by the decrease in the exchange rate difference between the US Dollar/Jordanian Dinar and the Shekel.

Accordingly, all banks are requested to take the necessary measures to comply with the requirements of the attached letter.

Supervision Group
Palestine Monetary Authority

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