Palestine Monetary Authority

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Palestine Monetary Authority

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Palestine Monetary Authority
سلطة النقد الفلسطينية(Arabic)

Logo

Headquarters

Ramallah, Palestine

Established

1994

Governor and Chairman

Dr Jihad Al Wazir

Central bank of

Palestine

Currency

Jordanian dinar, Israeli new shekel and United States Dollar

Website

www.pma.ps

The Palestine Monetary Authority (PMA) (Arabic: سلطة النقد الفلسطينية‎) ^[1] is the central bank of Palestine.^[2] 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.^[3]

It is active in promoting financial inclusion policy and a member of the Alliance for Financial Inclusion. ^[4] It is responsible for setting monetary policy as well as overseeing the activity of regular banks (or "high street banks").

The acting Prime Minister of the PNA, Salam Fayyad, has stated that he intends for Palestine to have its own currency possibly before a full declaration of statehood.^[5]

References

^ http://www.ifc.org/ifcext/media.nsf/content/SelectedPressRelease?OpenDocument&UNID=4E9F42888CF2E325852576B800553E5A
^ http://www.pma.ps/index.php?option=com_content&view=article&id=47&Itemid=67&lang=en
^ http://www.wafainfo.ps/atemplate.aspx?id=2617 (Arabic)
^ "AFI members". AFI Global. 2011-10-10. http://www.afi-global.org/about-afi/members. Retrieved 2012-02-23.
^ http://www.washingtonpost.com/wp-dyn/content/article/2010/05/29/AR2010052903131.html

External links

Official website

Central banks

Global

Global	Bank for International Settlements Basel Committee on Banking Supervision Financial Stability Board

By continent

Africa	Bank of Central African States Central Bank of West African States Bank of Algeria Central Bank of Angola Bank of Botswana Bank of the Republic of Burundi Bank of Cape Verde Central Bank of the Comoros Central Bank of the Congo Central Bank of Djibouti Central Bank of Egypt Bank of Eritrea National Bank of Ethiopia Central Bank of The Gambia Bank of Ghana Central Bank of the Republic of Guinea Central Bank of Kenya Central Bank of Lesotho Central Bank of Liberia Central Bank of Libya Reserve Bank of Malawi Bank of Mauritius Bank Al-Maghrib Bank of Namibia Central Bank of Nigeria Bank of Somaliland South African Reserve Bank Bank of South Sudan Bank of Sudan Central Bank of Swaziland Bank of Tanzania Central Bank of Tunisia Bank of Uganda Bank of Zambia Reserve Bank of Zimbabwe

Americas	Central Bank of Argentina Central Bank of Aruba Central Bank of The Bahamas Central Bank of Barbados Central Bank of Brazil Bank of Canada Central Bank of Chile Bank of the Republic (Colombia) Central Bank of Cuba Central Bank of Curaçao and Sint Maarten Eastern Caribbean Central Bank Bank of the Republic of Haiti Central Bank of Honduras Bank of Jamaica Bank of Mexico Central Bank of Nicaragua Central Reserve Bank of Peru Central Bank of Suriname Central Bank of Trinidad and Tobago Federal Reserve System (United States) Central Bank of Venezuela

Asia	Da Afghanistan Bank Central Bank of Bahrain Bangladesh Bank Royal Monetary Authority of Bhutan Brunei Currency and Monetary Board National Bank of Cambodia People's Bank of China Hong Kong Monetary Authority Reserve Bank of India Bank Indonesia Central Bank of the Islamic Republic of Iran Central Bank of Iraq Bank of Israel Bank of Japan Central Bank of Jordan National Bank of Kazakhstan National Bank of the Kyrgyz Republic Bank of Korea Central Bank of the Democratic People's Republic of Korea Central Bank of Kuwait Banque du Liban Monetary Authority of Macao Bank Negara Malaysia Maldives Monetary Authority Bank of Mongolia Central Bank of Myanmar Nepal Rastra Bank Central Bank of Oman State Bank of Pakistan Palestine Monetary Authority Bangko Sentral ng Pilipinas Qatar Central Bank Monetary Authority of Singapore Central Bank of Sri Lanka Central Bank of Syria Central Bank of the Republic of China (Taiwan) Bank of Thailand Central Bank of the United Arab Emirates Central Bank of Uzbekistan State Bank of Vietnam

Europe	European Central Bank (Eurosystem) National Bank of the Republic of Abkhazia Bank of Albania Central Bank of Armenia Central Bank of Azerbaijan National Bank of the Republic of Belarus Central Bank of Bosnia and Herzegovina Bulgarian National Bank Croatian National Bank Czech National Bank Danmarks Nationalbank Bank of England Bank of Estonia National Bank of Georgia Hungarian National Bank Central Bank of Iceland Central Bank of Kosovo National Bank of Latvia Bank of Lithuania National Bank of the Republic of Macedonia National Bank of Moldova Central Bank of Montenegro Norges Bank Central Bank of the Turkish Republic of Northern Cyprus National Bank of Poland National Bank of Romania Central Bank of Russia National Bank of Serbia Sveriges Riksbank Swiss National Bank Central Bank of the Republic of Turkey National Bank of Ukraine

Oceania	Reserve Bank of Australia Reserve Bank of Fiji Reserve Bank of New Zealand Bank of Papua New Guinea Central Bank of Samoa Central Bank of Solomon Islands National Reserve Bank of Tonga

Policies and implementation

Policies	Capital requirement Contractionary monetary policy Expansionary monetary policy

Implementation	Capital control Discount rate Interest rates Money creation Open market operations Sovereign wealth fund

Bretton Woods system

International Monetary Fund World Bank Group International Bank for Reconstruction and Development International Centre for Settlement of Investment Disputes International Development Association International Finance Corporation Multilateral Investment Guarantee Agency

Lists

List of central banks Central banks and currencies of Africa Central banks and currencies of the Caribbean Central banks and currencies of Central America and South America

Names in italics indicate non-sovereign (dependent) territories, former countries, or states with limited recognition

v t e Economy of Palestine

Currency	Bank of Palestine • Palestinian pound

Banking and Finance	Al-Quds Index • Palestine Securities Exchange • Palestine Monetary Authority

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