October 2022

HEAdlines

On 22 September, the twice-yearly Ad Hoc Liaison Committee (AHLC) met in New York to track progress made since May and support individual, multilateral, and international efforts to improve economic and institutional conditions in Palestine

After a year of discussions, the Ministry of Finance and the private sector have agreed on a final draft for the new value-added tax (VAT) Law

The Palestinian Monetary Authority and banks operating in Palestine have been intensifying efforts to expand adoption of digital payments and reduce reliance on cash transactions

On 20 September, the Ministry of Telecommunication and Information Technology (MoIT) launched the World Bank-funded “Digital West Bank and Gaza Project”

Al-Quds index reached 628.5 points on the last day of trading in September 2022, a decrease of 0.7% from the previous month