His Excellency the Governor of Palestine Monetary Authority, Mr. Azzam Shawwa, met today at the headquarters of Palestine Monetary Authority in Ramallah, with the Representative of the Kingdom of Norway to the State of Palestine, Mrs. Hilda Hellerstad.
During the meeting, His Excellency the Governor briefed Mrs. Hilda Hellerstad on the efforts of Palestine Monetary Authority in developing the work of the Palestinian banking sector, maintaining its soundness and achieving financial stability, by applying international banking standards and keeping pace with the latest banking developments.
His Excellency the Governor also touched on the vision and efforts of Palestine Monetary Authority and the banking sector in encouraging and developing small, medium and micro enterprises, stressing the importance of concerted efforts of banking, economic and national institutions and strengthening cooperation with international partners, with a view to developing the Palestinian economy and promoting it.
Mr. Shawwa praised the bilateral relationship between the Kingdom of Norway and Palestine, the Norwegian government's positions on the Palestinian cause and its development initiatives and projects in Palestine, and their impact on the development of the national economy.
For her part, Mrs. Hellerstad praised the remarkable development of Palestine Monetary Authority and the Palestinian banking sector, expressing her country's readiness to strengthen the joint cooperation between the two sides in order to achieve Palestinian financial and economic development.