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Announcement of the Expansion and Development of the Sustainability Fund to Provide Financing to Economic Sectors and Promote Economic Growth

Ramallah/PNN/ Under the auspices and participation of His Excellency, the Prime Minister Dr. Mohammad Shtayyeh and the Governor of Palestine Monetary Authority Dr. Feras Milhem, the development and expansion of the base of beneficiaries of the Sustainability Fund for financing economic sectors were announced during a press conference held in Ramallah, during the Council of Ministers session held Monday, April 19th. It is worth mentioning that Palestine Monetary Authority has recently institutionalized the Sustainability Fund to become a permanent fund aimed at providing continuous financing (loans) through commercial and Islamic banks, to various economic sectors, empowering economic projects affected by health and financial crises to recover, increase the production cycle and create more jobs in order to promote economic growth and in accordance with the government’s economic directives.

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