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Palestinian Monetary Authority
The Palestine Monetary Authority (PMA; ar, سلطة النقد الفلسطينية) is the emerging central bank of Palestine. The PMA, located in Ramallah, was established in 1994 following the signing of the Protocol on Economic Relations (Paris Protocol) between the Palestinians and Israel. It is an independent public institution responsible for the formulation and implementation of monetary and banking policies, to safeguard the banking sector and to ensure the growth of the national economy in a balanced manner. PMA supervises the 13 Palestinian and foreign banks operating in the West Bank and Gaza Strip. It is not responsible for the issue of a Palestinian currency. PMA operates under the authority of PMA Law Number 2 of 1997, an act of the Palestine Legislative Council, and the Banking Law Number 9 of 2010. The logo of the PMA pays homage to the Palestinian pound, minted and circulated under the British Mandate. The logo contains the name of the PMA in English an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Ownership
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-owne ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Amin Haddad
The Palestine Monetary Authority (PMA; ar, سلطة النقد الفلسطينية) is the emerging central bank of Palestine. The PMA, located in Ramallah, was established in 1994 following the signing of the Protocol on Economic Relations (Paris Protocol) between the Palestinians and Israel. It is an independent public institution responsible for the formulation and implementation of monetary and banking policies, to safeguard the banking sector and to ensure the growth of the national economy in a balanced manner. PMA supervises the 13 Palestinian and foreign banks operating in the West Bank and Gaza Strip. It is not responsible for the issue of a Palestinian currency. PMA operates under the authority of PMA Law Number 2 of 1997, an act of the Palestine Legislative Council, and the Banking Law Number 9 of 2010. The logo of the PMA pays homage to the Palestinian pound, minted and circulated under the British Mandate. The logo contains the name of the PMA in English and A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of The State Of Palestine
The economy of the State of Palestine refers to the economic activity of the State of Palestine. History GDP per capita in the Palestinian territories rose by 7% per year from 1968 to 1980 but slowed during the 1980s. Between 1970 and 1991 life expectancy rose from 56 to 66 years, infant mortality per 1,000 fell from 95 to 42, households with electricity rose from 30% to 85%, households with safe water rose from 15% to 90%, households with a refrigerator rose from 11% to 85%, and households with a washing machine rose from 23% in 1980 to 61% in 1991. Economic conditions in the West Bank and Gaza Strip, where economic activity was governed by the Paris Economic Protocol of April 1994 between Israel and the Palestinian Authority, deteriorated in the early 1990s. Real per capita GDP for the West Bank and Gaza Strip (WBGS) declined 36.1% between 1992 and 1996 owing to the combined effect of falling aggregate incomes and robust population growth. The downturn in economic activity ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Banks
A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Most central banks also have supervisory and regulatory powers to ensure the stability of member institutions, to prevent bank runs, and to discourage reckless or fraudulent behavior by member banks. Central banks in most developed nations are institutionally independent from political interference. Still, limited control by the executive and legislative bodies exists. Activities of central banks Functions of a central bank usually include: * Monetary policy: by setting the official interest rate and controlling the money supply; *Financial stability: acting as a government's banker and as the bankers' bank ("lender of last resort"); * Reserve management: managing a country's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Central Banks
. Central banks Central banks Central banks This is a list of central banks. Countries that are only partially recognized internationally are marked with an asterisk (*). Disappeared central banking jurisdictions * – Bank of Amsterdam (1609-1791) * – Taula de canvi de Barcelona (1401-1714) * – East African Currency Board (1919-1966) * – (''Hrvatska Državna Banka'', 1941-1945) * – National Bank of Czechoslovakia (1926–1939 and 1945-1950) and State Bank of Czechoslovakia (1950–1992) * – (1854-1875) * – Bank of Saint George (1407-1805) * – (1948-1968) and Staatsbank der DDR (1968-1990) * – Hamburger Bank (1619-1875) * – Bank of Korea (1909–1950) * – Central Bank of Manchou (1932-1945) * - Bank of Issue in Poland (1940-1945) * – (1765-1846) and (1847-1875) * – (1849-1861), itself formed through the merger of (1846-1849) and Banca di Torino (1847-1849) * – National Bank of Vietnam (1954-1975) * – Banco di Napoli, under di ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of The Palestinian Territories
The economy of the State of Palestine refers to the economic activity of the State of Palestine. History GDP per capita in the Palestinian territories rose by 7% per year from 1968 to 1980 but slowed during the 1980s. Between 1970 and 1991 life expectancy rose from 56 to 66 years, infant mortality per 1,000 fell from 95 to 42, households with electricity rose from 30% to 85%, households with safe water rose from 15% to 90%, households with a refrigerator rose from 11% to 85%, and households with a washing machine rose from 23% in 1980 to 61% in 1991. Economic conditions in the West Bank and Gaza Strip, where economic activity was governed by the Paris Economic Protocol of April 1994 between Israel and the Palestinian Authority, deteriorated in the early 1990s. Real per capita GDP for the West Bank and Gaza Strip (WBGS) declined 36.1% between 1992 and 1996 owing to the combined effect of falling aggregate incomes and robust population growth. The downturn in economic activity ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Feras Milhem
Feras Milhem is a Palestinian economist who is currently serving as the Acting Governor of the Palestine Monetary Authority The Palestine Monetary Authority (PMA; ar, سلطة النقد الفلسطينية) is the emerging central bank of Palestine. The PMA, located in Ramallah, was established in 1994 following the signing of the Protocol on Economic Relations (P ... (PMA) since January 2021. He took over as Acting Governor after the end of Azzam Shawwa's term as Governor. References {{DEFAULTSORT:Milhem, Feras Living people Palestinian economists Governors of the Palestine Monetary Authority Year of birth missing (living people) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Azzam Shawwa
Azzam Shawwa is a Palestinian economist who served as the governor of the Palestine Monetary Authority The Palestine Monetary Authority (PMA; ar, سلطة النقد الفلسطينية) is the emerging central bank of Palestine. The PMA, located in Ramallah, was established in 1994 following the signing of the Protocol on Economic Relations (P ... (PMA) from November 2015 to January 2021. References Living people Palestinian economists Palestinian politicians Governors of the Palestine Monetary Authority Year of birth missing (living people) {{Palestine-bio-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jihad Al-Wazir
Jihad (; ar, جهاد, jihād ) is an Arabic word which literally means "striving" or "struggling", especially with a praiseworthy aim. In an Islamic context, it can refer to almost any effort to make personal and social life conform with God in Islam, God's guidance, such as struggle against one's evil inclinations, Dawah, proselytizing, or efforts toward the moral betterment of the Ummah, Muslim community (''Ummah''), though it is most frequently associated with Islam and war, war. In classical Sharia, Islamic law (''sharia''), the term refers to armed struggle against unbelievers, while Islamic modernism, modernist Islamic scholars generally equate military ''jihad'' with defensive warfare. In Sufi circles, spiritual and moral jihad has been traditionally emphasized under the name of ''greater jihad''. The term has gained additional attention in recent decades through its use by various insurgent Islamic extremism, Islamic extremist, militant Islamism, Islamist, and Islamic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
George Al-Abed
The Palestine Monetary Authority (PMA; ar, سلطة النقد الفلسطينية) is the emerging central bank of Palestine. The PMA, located in Ramallah, was established in 1994 following the signing of the Protocol on Economic Relations (Paris Protocol) between the Palestinians and Israel. It is an independent public institution responsible for the formulation and implementation of monetary and banking policies, to safeguard the banking sector and to ensure the growth of the national economy in a balanced manner. PMA supervises the 13 Palestinian and foreign banks operating in the West Bank and Gaza Strip. It is not responsible for the issue of a Palestinian currency. PMA operates under the authority of PMA Law Number 2 of 1997, an act of the Palestine Legislative Council, and the Banking Law Number 9 of 2010. The logo of the PMA pays homage to the Palestinian pound, minted and circulated under the British Mandate. The logo contains the name of the PMA in English and A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fouad Bseiso
Fouad Hamdi Shaban Bseiso is a Palestinian economist who served as the first Governor of the Palestine Monetary Authority The Palestine Monetary Authority (PMA; ar, سلطة النقد الفلسطينية) is the emerging central bank of Palestine. The PMA, located in Ramallah, was established in 1994 following the signing of the Protocol on Economic Relations (P ... (PMA) from December 1994 to November 2001. References {{DEFAULTSORT:Bseiso, Fouad Living people Palestinian economists Palestinian politicians Governors of the Palestine Monetary Authority Year of birth missing (living people) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ramallah
Ramallah ( , ; ar, رام الله, , God's Height) is a Palestinian city in the central West Bank that serves as the ''de facto'' administrative capital of the State of Palestine. It is situated on the Judaean Mountains, north of Jerusalem, at an average elevation of above sea level, adjacent to al-Bireh. Ramallah has buildings containing masonry from the period of Herod the Great, but no complete building predates the Crusades of the 11th century. The modern city was founded during the 16th century by the Hadadeens, an Arab Christian clan descended from Ghassanids. In 1517, the city was incorporated into the Ottoman Empire, and in 1920, it became part of British Mandatory Palestine after it was captured by the United Kingdom during World War I. The 1948 Arab–Israeli War saw the entire West Bank, including Ramallah, occupied and annexed by Transjordan. Ramallah was later captured by Israel in the 1967 Six-Day War. Since the 1995 Oslo Accords, Ramallah has been go ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
