The Ministries of National Economy and Finance and the Monetary Authority Review Measures to Mitigate the Economic Crisis

SadaNews - Minister of National Economy Mohamed Al-Amour, Governor of the Monetary Authority Yahya Al-Shanar, and Deputy Minister of Finance Majdi Al-Hassan discussed today, Monday, with representatives of the Chambers of Commerce and Industry of Tulkarem and Jenin, measures to mitigate the repercussions of the crises resulting from the Israeli aggression.

This meeting comes as part of a series of meetings held by the Ministry of National Economy and its partners with sector institutions to face current challenges and follow up on the outcomes of the work of the ministerial committee assigned to monitor the damages resulting from the aggression in the governorates of Tulkarem and Jenin.

The participants emphasized during the meeting held at the Ministry of Economy's headquarters the importance of effective partnership between the government and the private sector to face challenges and provide practical solutions that ensure the continuity of economic activity and enhance the resilience of traders and establishments amid the Israeli aggression.

Several key issues were discussed, most notably cash deposits, relationships with banks, the issue of trucks held since the beginning of the recent aggression, and the completion of customs statements, with practical instructions issued in this regard.

Chamber of Commerce, Industry, and Agriculture President of Jenin Ammar Abu Bakr affirmed that the meeting represented a positive step reflecting the real partnership between the government and the chambers of commerce.

He added, "Our country is our collective responsibility, and we are partners in protecting the national economy."

Abu Bakr emphasized the importance of the meeting, which discussed significant issues, notably cash deposits, the entry of goods, checks, and banking policies, stressing the necessity for banks to deal with greater flexibility during this sensitive phase that targets all components of the economy, including traders, workers, and institutions.

He pointed out the importance of maintaining the private sector, which is the foundation of the national economy, affirming that the minimum required at this stage is the necessary facilitation to ensure the continuity of this sector's work.

Representatives of the chambers of commerce also called on the government to expedite the payment of overdue dues to the private sector, taking into account the depth of the financial crisis facing the government and working to facilitate customs procedures, which would ease the burdens on economic institutions.

The meeting concluded with a commitment to continue dialogue among all parties and commitments from official entities to study all proposed demands and work on implementing the feasible ones as soon as possible.