Rule · PMA · 3 Apr 2022

Circular No. 87/2022 - Cabinet Decision No. 4 of 2021 Regarding the Minimum Wage

The Palestine Monetary Authority issued Circular No. 87/2022 to enforce Cabinet Decision No. 4 of 2021, which establishes a mandatory minimum wage of 1,880 New Israeli Shekels per month for all sectors in Palestine. The decision also sets daily and hourly minimum rates at 85 and 10.5 Shekels respectively for casual and seasonal workers, while incorporating tripartite committee agreements into the regulatory framework. Payment service companies operating in Palestine are explicitly directed to comply with these wage standards effective from the beginning of 2022.

PalestinePalestine Monetary Authority

More like this from PMA

PMA published 4 documents in the last 30 days. We email you each new one the day it's published.

Source: Palestine Monetary Authority — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

In RegAlert: added · updated