Regulatory Alerts2026-01-01
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Circular No. 43: Disbursement of a Portion of January 2026 Salaries
The Palestine Monetary Authority (PMA) issued Circular No. 43/2026 to all banks operating in Palestine, providing instructions for deducting loan installments from public sector employees' salaries. This directive follows the Ministry of Finance's disbursement of a 2,000 Shekel partial salary payment for January 2026 to public sector employees. Banks are required to deduct the full installment for employees receiving a full or at least 95% salary (within permissible limits) and 10% of the transferred payment for all other employees.
Palestine Monetary Authority PALESTINE MONETARY AUTHORITY
Circular No. (43 / 2026) To all banks operating in Palestine Date: Monday, April 20, 2026
Subject: Disbursement of a portion of public sector employees' salaries for January 2026
In light of the Ministry of Finance disbursing a portion of the January 2026 salary to public sector employees amounting to 2,000 Shekels, and out of the Palestine Monetary Authority's keenness to ensure continued debt service for public sector employee loans, and with the aim of regulating the deduction process from loan installments granted to public sector employees, banks are requested to do the following:
- Deduct the installment value for employees who received a full salary or at least 95% of it, not exceeding the permissible deduction limit according to instructions.
- Deduct 10% of the transferred payment for the remaining employees.
Supervision Group Palestine Monetary Authority