Amendment of the Public Debt Law in Palestine and the Establishment of the "Settlement Account" for Government Bonds

SadaNews: President Mahmoud Abbas issued a decree law No. 20 of 2025, amending the Public Debt Law No. 24 of 2005.

Among the amendments is the addition of a new article numbered 12 to the original law as follows: The ministry shall establish a special account called "Settlement Account" to allocate the amounts necessary to fulfill the obligations arising from the issuance of government bonds.

The department shall manage the Settlement Account in accordance with the approved regulations and instructions for this purpose, transferring financial allocations to the account from the ministry.

Article 30 of the original law shall be amended to read: "The existing allocation for public debt shall not exceed 80% of the gross domestic product at current prices for the last year for which data is available.

For further details on the amendments according to the presidential decree: