The PMA Governor Discusses Methods to Support the Industrial Sector with the Federation of Industries (PFI)

His Excellency the PMA Governor, Mr. Yahya Shunnar, met with the President of the Palestinian Federation of Industries (PFI), Mr. Nassar Nassar, and his accompanying delegation to discuss methods to support the industrial sector in Palestine and enhance its role in economic development.

During the meeting, both sides addressed the challenges facing Palestinian industries, particularly in Gaza, and explored methods to support industrial projects through financing programs managed by the PMA. They also discussed mechanisms for improving banking services to foster growth and sustainability in this vital sector.

The Governor outlined the measures undertaken by the PMA to strengthen financial stability, develop electronic payment systems, integrate the informal sector into the economy, and promote the use of digital payment tools as an alternative to cheques. He also highlighted initiatives to provide low-cost financing for the industrial sector, which would enhance its export capacity and competitiveness in global markets.

For his part, Mr. Nassar emphasized the importance of synergy between the industrial sector and financial institutions to create a supportive environment for investment and local production. He stressed the need to enhance cooperation to ensure the sustainability of Palestinian industries in light of current challenges.

At the conclusion of the meeting, both parties reaffirmed the importance of continued coordination and joint efforts to strengthen the industrial sector and provide solutions that support its development, enabling it to adapt to evolving market conditions and contribute more effectively to the national economy.