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Dr. Al Wazir confirms the readiness of Palestine Monetary Authority to transform into a Central Bank

2011-10-30

Amid doubts about the capability of Palestine Monetary Authority PMA to transform to Palestine Central Bank, as what Dr. Jihad Al Wazir- the PMA’s governor stated once, and amid doubts regarding the Palestinian readiness and the lack for major factors for this transformation; which may the Israeli occupation be the most important which impose obstacles on much more simple things than enabling the  Palestinians to establish a central bank, in addition to other factors such as Paris Protocol that governs the economic relationship and trade  between Israel and the Palestinian Authority. nevertheless, the PMA represented by its governor confirms its readiness to shift to a central bank that is a modern and full powered through acquiring of all the keys and tools necessary for this transformation.