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Published 8 days ago

Israel extends cooperation between Israeli and Palestinian banks

Summary by Malay Mail
Israel’s Finance Minister has extended a waiver that allows cooperation between its banking system and Palestinian banks in the occupied West Bank, said the minister’s spokesperson on June 30. The waiver, which was due to expire at the end of June, allows Israeli banks to process shekel payments for services and salaries tied to the Palestinian Authority. Without it, the Palestinian economy would have taken a hit.

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