August 2020


Main reports: The World Bank approved on 27 July a $30m grant under the “West Bank Emergency Social Protection COVID-19 Response Project”.

The Palestine Monetary Authority announced on 22 July the reduction of the bank charge for cheques “bounced” due to insufficient funds.

The Palestinian Cabinet approved on 1 June a proposal to establish a government bank to manage public funds and expenses, and submitted its recommendation to Palestinian President Mahmoud Abbas.

Al-Quds index reached 460.9 points on the last day of trading in July, a decrease of 2.1% from the previous month.