Mr. Shawwa meets the Chairman of the Board of Directors and members of the Board of the Nablus Chamber of Commerce and Industry

H.E. Mr. Azzam Shawwa, the Governor of the Palestine Monetary Authority, met at his office in Ramallah with a delegation from the Nablus Chamber of Commerce and Industry. The delegation included Mr. Amr Hashim, the Chairman of the Board of Directors of the Nablus Chamber of Commerce and Industry; Mr. Husam Hijawi, Vice Chairman; Mr. Tayil Huwari, Chamber’s Secretary; and Board member Mr. Sameer Qadri.

The meeting discussed a number of issues of interest for the private sector in general and business and businesspeople in particular including the liquidity shortages of Jordanian dinar and U.S. dollar in the markets and banks. The delegation asked PMA to effectively intervene to solve the issue. 

The ways of cooperation in raising businesspeople awareness concerning banking operations to benefit from various banking services and the importance of such services in improving businesses were also discussed in the meeting. H.E. Mr. Shawwa briefed the delegation about recent developments relevant to checks and that electronic clearance would be started at the end of the year, which would speed up the turnover of capital thus reviving the Palestinian economy.

The delegation briefed H.E. Mr. Shawwa about the ongoing preparations for an inclusive national industries exhibition in Nablus during May 16 to 18, 2017 in which West Bank and Gaza Strip and Israeli Arab manufacturers would exhibit their products. 

H.E. Mr. Shawwa also briefed the delegation on PMA’s efforts to ensure cash flow stability, financial stability, and boosting the national economy by drafting banking laws and regulations as well as launching developed banking systems, electronic clearance system, and mobile phone payment services.