Palestine Capital Market Authority and Palestine Monetary Authority convene entrepreneurship and MSME working group to develop a three-year financial inclusion work plan

The Palestine Capital Market Authority and the Palestine Monetary Authority held a meeting of the Entrepreneurship, Small and Medium Enterprises Working Group to start implementing the group’s mandate and to shape the next three years’ work plan under Palestine’s Financial Inclusion Strategy. The session set a detailed scope of work and an indicative timeline for completing tasks, with the plan intended to address challenges arising from the ongoing aggression and wider economic conditions. Participants also stressed alignment with approved interventions and policies informed by the 2023 National Financial Inclusion Assessment. The agenda included a review of the National Strategy for Micro, Small, and Medium Enterprises in Palestine (2025–2029), recently approved by the Council of Ministers, with the Ministry of National Economy presenting its objectives and pillars and highlighting the working group’s role in developing the strategy’s executive plan. The MSME strategy was positioned as a core program within the financial inclusion plan, focused on providing suitable financial products and programs, encouraging formal registration, and strengthening MSMEs’ contribution to GDP. The working group is one of three technical groups under the National Financial Inclusion Strategy, alongside the Consumer Empowerment Group and the Innovative Financial Products Group, whose roles have been reactivated as part of efforts to enhance financial inclusion.