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Fayad: The Ministry of Finance will soon begin distributing salaries to all Ministries, Institutions and Private Sectors

2007-06-04

Dr.Salam Fayad, The Prime Minister of Finance, announced that the Ministry of Finance on Tuesday will begin the distribution process of half of the monthly salary and more than 1,000 shekels extra for the employee social aid. This operation will be continued the day after tomorrow Wednesday.Dr.Fayad also announced that the Ministry of Finance will distribute half of the monthly salary to all Ministries and Formal Institutions in the Palestinian Authority. Therefore saying," I expect this operation to be done this week and within 10 days maximum." also adding," As for the Private Sectors we began distributing part of the salaries and I expect 90 million shekels to be reimbursed to the Private Sectors…This is an important step but of course not enough to cover all obligations and needs but hopefully this will show and prove our commitment."Fayad assured that," This week all will be reimbursed and paid back with the inclusion of taxes and work permits."Fayad also included," We will also reimburse government employees in the West bank and Gaza Strip taking 10 million shekels out of the existing 90 million for the transportation fees, which is the same amount as last months."

 

 


 

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Medium liquidity in the quarterly disclosures and dividends distribution seasons

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PEC approves distributing 10% cash dividends for the year 2016

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TNB records net income of $2.77 million in Q1 2017

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BPC approves distributing 20% cash dividends for the year 2016

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PIBC proposes 2.35% stocks dividends for the year 2016

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NSC recommends 10% cash dividends for the year 2016

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GUI approves distributing 10% cash dividends for the year 2016

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3G services in 6 months in the West Bank

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BOP approves distributing 2.56% stocks dividends and 10.44% cash dividends for the year 2016

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QUDS proposes distributing 12% stocks dividends for the year 2016

2017-04-06
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PALTEL approves distributing 40% cash dividends for the year 2016

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PADICO proposes distributing 5% cash dividends for the year 2016

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AIB approves raising its capital to $75 million and distributing 12% cash dividends for the year 2016

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NIC approves 20% cash dividends for the year 2016.

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ISBK approves raising its capital to $69 million and distributing 8.50% cash dividends for the year 2016.

 

 

 
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