Palestine Monetary Authority
Encyclopedia
The Palestine Monetary Authority (PMA) is the central bank of Palestine
. It is located in Ramallah
. The current governor is Dr Jihad Al Wazir.
The PMA was established by presidential decree in 1994 following the Oslo Agreement between the Palestine Liberation Organization and the State of Israel. Later it was established as an independent institution by an act of the Palestine Legislative Council under Law No. 2 of 1997 with full autonomy in the pursuit of its objective of monetary and financial stability.
Palestine
Palestine is a conventional name, among others, used to describe the geographic region between the Mediterranean Sea and the Jordan River, and various adjoining lands....
. It is located in Ramallah
Ramallah
Ramallah is a Palestinian city in the central West Bank located 10 kilometers north of Jerusalem, adjacent to al-Bireh. It currently serves as the de facto administrative capital of the Palestinian National Authority...
. The current governor is Dr Jihad Al Wazir.
The PMA was established by presidential decree in 1994 following the Oslo Agreement between the Palestine Liberation Organization and the State of Israel. Later it was established as an independent institution by an act of the Palestine Legislative Council under Law No. 2 of 1997 with full autonomy in the pursuit of its objective of monetary and financial stability.