Tuesday, 02 January 2024 12:17 GMT

PA to make its own currency


Date:

(MENAFN) On Tuesday, the Palestinian Authority said that it will create a plan to replace the Israeli Shekel with any other currency, saying it might make a Palestinian currency, as a part of its plan for "disengagement" from the Zionist entity.

Palestinians in Gaza and the West Bank don't have their own currency; they rely mostly on the Israeli shekel, Jordanian dinar, and US dollar.

The decision to disengage from Israel came as a response to an earlier decision made by the PLO Executive Committee. The committee asked the PA government to immediately form plans for "disengagement" between the Palestine and Israel on all levels, including economy and security.


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