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شبكة فلسطين الإخبارية
Central Bank keeps Gaza employee discount rate
The Banking Authority in Gaza has issued new instructions to regulate the deduction rates from public sector employees' salaries. The maximum deduction limit has been reduced from 50% to 25% of the installment or the due amount, whichever is less, starting from July 2026. The instructions also confirm the fixed value of loans granted to employees until June 30, 2026, without imposing additional interest or profits until full repayment. This measure is part of their efforts to address exceptional economic conditions and alleviate financial burdens on employees, while maintaining stability in the banking sector. Loan portfolios for public sector employees account for 65% of the total credit portfolio in Gaza, highlighting the importance of this decision and the Central Bank's readiness to implement regulatory measures that consider current circumstances.
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