October 2021

HEAdlines

  • The Palestinian National Authority (PNA) has resorted to arrears accumulation to manage the ongoing budget crisis.
  • The Palestinian Central Bureau of Statistics and the Ministry of Tourism and Antiquities jointly issued a press release on 27 September, detailing the performance of the tourism sector in Palestine during the COVID-19 pandemic.
  • The Palestine Monetary Authority announced on 29 September, that it has commenced organising and executing the transfer of excess Israeli Shekels from local Palestinian banks to Israeli Banks.
  • The European Bank for Reconstruction and Development announced on 1 September that it will provide a $5 million trade finance guarantee facility to the Bank of Palestine to boost Palestinian export and import activities.
  • Al-Quds index reached 579.5 points on the last day of trading in September 2021, an increase of 1.0% from the previous month.