February 2021

HEAdlines

  • The Federation of Palestinian Chambers of Commerce and the Palestinian General Federation of Trade Unions have agreed with the Ministry of Labour to raise the minimum monthly wage.
  • Reductions in private consumption and disruptions to international trade routes resulted in a significant decline in imports, without a similar effect on exports, which pushed the trade deficit down to pre-2014 levels.
  • iPoke published a report on e-commerce and social media activity in Palestine during 2020.
  • Al-Quds index reached 492.1 points on the last day of trading in January 2021, an increase of 4.4% from the previous month.