Palestine Capital Market Authority and Palestine Monetary Authority approve 2026–2028 national financial inclusion action plan

Palestine’s National Financial Inclusion Committee, co-chaired by the Palestine Capital Market Authority and the Palestine Monetary Authority, approved the 2026–2028 action plan for the National Financial Inclusion Strategy and agreed to recommend that the Council of Ministers add the Ministry of Labour to the committee to broaden coordination and extend access to financial services. The action plan prioritises developing financial services and products, particularly for small enterprises and underserved groups, expanding the use of financial technology, strengthening digital infrastructure, and supporting the legislative environment. It also covers financial literacy, consumer protection and service quality, alongside attention to “promising” financial sectors. The Palestine Capital Market Authority highlighted measures supporting inclusion in non-bank financial services, including an incentive discount for electronic payment of insurance policy instalments, development of agricultural insurance and microinsurance products, and awareness campaigns aimed at protecting users’ rights, including in relation to foreign exchange markets. Next steps include submitting the proposed committee membership change to the Council of Ministers and advancing implementation of the 2026–2028 programme.