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Palestine Monetary Authority

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Palestine Monetary Authority

central bank of Palestine

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About Palestine Monetary Authority

The Palestine Monetary Authority is the emerging central bank of Palestine. The PMA, located in Ramallah, was established in 1994 following the signing of the Protocol on Economic Relations between the Palestinians and Israel. It is an independent public institution responsible for the formulation and implementation of monetary and banking policies, to safeguard the banking sector and to ensure the growth of the national economy in a balanced manner.

Facts from Wikidata (CC0). Image by omarremawi11 via Wikimedia Commons (CC BY-SA 2.0).

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Country: Palestine
Headquarters: Al-Bireh
Inception: 1994
Website: https://www.pma.ps/

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