The Palestine Monetary Authority (PMA) reported that Governor Yahya Shunnar held meetings in Washington, D.C. with senior officials from the World Bank and the International Monetary Fund (IMF) alongside the Spring Meetings, focused on strengthening cooperation to support the Palestinian economy and address current economic and financial pressures. Discussions were held with the World Bank’s Vice President for the Middle East and North Africa, Ousmane Dione, and the IMF’s Director of the Middle East and Central Asia Department, Jihad Azour, with the participation of Palestinian Minister of Finance Omar Al-Bitar. Governor Shunnar outlined the PMA’s efforts to maintain stability in the Palestinian banking sector and promote economic development amid challenges linked to the ongoing Israeli aggression, while World Bank and IMF officials reaffirmed their commitment to continued cooperation with the State of Palestine and to providing support to meet its economic and financial needs.
Palestine Monetary Authority 2025-04-26
Palestine Monetary Authority meets World Bank and IMF to strengthen cooperation on support for the Palestinian economy
The Palestine Monetary Authority reported that Governor Yahya Shunnar met with senior World Bank and IMF officials in Washington, D.C. to enhance cooperation supporting the Palestinian economy. Discussions with World Bank Vice President Ousmane Dione and IMF Director Jihad Azour, attended by Palestinian Finance Minister Omar Al-Bitar, focused on maintaining banking stability and economic development despite challenges from Israeli aggression. The World Bank and IMF reaffirmed their commitment to supporting Palestine's economic and financial needs.