The Palestinian Authority examines alternatives for continuing to make payments to prisoners and families of shaheeds after the option of the Bank of Independence is no longer on the agenda
On June 1, 2020, the Palestinian Authority (PA) authorized the establishment of a government banking institution without connections to the global banking system. It was supposed to be called the Bank of Independence for Development and Investment, and the PA would use it to make payments to the prisoners, released prisoners and families of shaheeds. However, about half a year later, establishing the bank has hit a dead end and in effect been abandoned.
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