/ Wednesday, October 21, 2020 / Categories: PMA, Meetings The Governor of Palestine Monetary Authority Receives a Delegation from the Palestinian Businessmen Association - Jerusalem Ramallah and Al-Bireh Governorate - His Excellency the Governor of Palestine Monetary Authority, Mr. Azzam Shawwa, received today at the headquarters of Palestine Monetary Authority in Ramallah and Al-Bireh, a delegation of the Palestinian Businessmen Association - Jerusalem, headed by the Chairman of the Association, Mr. Osama Amr. A number of executive managers of Palestine Monetary Authority attended the reception of the delegation. This event is in the framework of interaction with the paper containing the vision of the Palestinian Businessmen Association to get around the economic and financial crisis that Palestine is experiencing due to the current crises, notably the outbreak of the Coronavirus, and the failure to receive clearance revenues from the Israeli side, and its implications on the national economy.Mr. Shawwa briefed the delegation about the actions of Palestine Monetary Authority and the banking system to deal with the consequences of the current crises, and their actual contribution to mitigating the repercussions of these crises on the various economic sectors, along with preserving the rights of all parties and promoting financial stability in Palestine.Mr. Shawwa stressed to the delegation the importance of benefiting from the "Sustainability" Program of providing financing for medium, small, and microenterprises that had been economically affected due to the coronavirus pandemic.Mr. Osama Amr thanked Palestine Monetary Authority for answering the Palestinian Businessmen Association's invitation to discuss the Association’s vision paper and to identify recommendations that emerged from the vision of all concerned parties, stressing the importance of increasing the volume of coordination with all relevant parties, especially the banking sector, and discussing ways to implement the outcomes of this vision to get out of the economic crisis in cooperation with the government and Palestine Monetary Authority.Mr. Mohammed Al-Amoor briefed the meeting about the methodology of the vision that came up with valuable recommendations submitted to all concerned parties in partnership with all the relevant economic sectors. Mr. Amoor invited Palestine Monetary Authority for joined cooperation. Mr. Amoor said the observations of Palestine Monetary Authority on the vision paper would be taken into consideration to apply the vision on the ground and to take the recommendations Palestine Monetary Authority that summarized the problems and challenges facing all sectors and ways out of the economic and financial crisis and proposed solutions and the extent to which they can be implemented. The purpose is to help decision makers to promote the Palestinian economy. The recommendations for the banking sector were presented and discussed.Mr. Shawwa said Palestine Monetary Authority was interested in strengthening the capacity of businessmen, traders and various economic sectors under the current circumstances. Palestine Monetary Authority will follow up on the recommendations of the study and all the problems and obstacles raised concerning the relationship with banks and will spare no effort in overcoming them, according to Mr. Shawwa. Previous Article The Governor of Palestine Monetary Authority Meets the European Union Representative in Palestine Next Article Governor of Palestine Monetary Authority Visits Housing and Arab Banks in Ramallah Print 1862