The Monetary Authority Specifies the Mechanism for Loan Deductions After Disbursing a Payment of 2000 Shekels to Employees
SadaNews - The Palestinian Monetary Authority issued a circular to banks operating in Palestine regarding the mechanism for handling loan installments for public sector employees, following the disbursement of a financial payment of 2000 shekels for each employee based on their salary for the month of January 2026.
According to the instructions, the full value of the loan installment will be deducted from employees who received a full salary or at least 95% of it, provided that the deduction does not exceed the allowed limit according to the regulations.
As for the other employees who received less than this percentage, only 10% of the transferred payment will be deducted.
The Palestinian Ministry of Finance announced yesterday, Sunday, the provision of an amount of 2000 shekels as a payment from the salary for the month of January 2026, for all civilian and military public sector employees, of all grades and ranks, to be disbursed today, Monday, April 20, 2026.
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