May 2022

HEAdlines

  • The general price level in Palestine has been steadily increasing since December 2021, with March 2022 recording the highest inflation rate over the past two years.
  • On 9 April, the Palestinian Minister of Agriculture, Riyad al-Attari, and his Jordanian counterpart, Khalid al-Hanaifat, inaugurated the headquarters of the Jordanian Palestinian Agricultural Products Marketing Company (JPACO) in Amman, Jordan.
  • May saw a positive trend of investment in Palestine’s renewable energy sector with the establishment of several new projects in both the Wet Bank and Gaza Strip.
  • On 26 April, the General Assembly of Al-Quds Bank approved the issuance of perpetual bonds worth $15 million over the next three years.
  • Al-Quds index reached 607.1 points in April 2022, a 1.1% decrease from the previous month.