23 Hrs
Source:
شبكة راية الإعلامية
Israel to transfer 4.5B shekels to Palestinians
The Palestinian Monetary Authority announced that Israel has approved the transfer of 4.5 billion shekels from the accumulated bank account surplus in Palestinian banks to the Israeli central bank. This move aims to strengthen liquidity in the Palestinian banking sector. The decision follows Palestinian efforts and support from international partners, seeking to address the shekel surplus crisis and ease pressures on banks, thereby contributing to market stability and meeting the needs of citizens and the private sector. The transfer process has begun immediately, with necessary technical procedures in place to ensure swift benefit. Governor Yahya Shenaar emphasized that this step is essential to confront current challenges and diversify payment tools.
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