2026-01-01
The Palestinian Monetary Authority issued Decision No. (109) of 2011 to establish a comprehensive regulatory framework governing the appointment, classification, remuneration, performance evaluation, and promotion of its employees. The system mandates strict adherence to professional ethics, establishes a structured job classification with defined categories and grades, and introduces standardized allowances, probation periods, and fixed-term contracting mechanisms. It further empowers the Board of Directors and the Governor to oversee competitive recruitment, salary adjustments, and disciplinary compliance, ensuring operational efficiency and alignment with national financial stability objectives.