Why Choose Us?
0% AI Guarantee
Human-written only.
24/7 Support
Anytime, anywhere.
Plagiarism Free
100% Original.
Expert Tutors
Masters & PhDs.
100% Confidential
Your privacy matters.
On-Time Delivery
Never miss a deadline.
2
2. What are the major obstacles facing the PMA and PCMA and in their effort to regulate the financial and banking sectors?
Expert Solution
Institutions in relation to public finance management and monetary, banking and financing sectors: PNA incorporated two bodies to supervise and regulation the finance sector: PMA (Palestinian Monetary Authority) for operations of the banking sector, and PCMA (Palestinian Capital Market Authority) for operations of the non-banking sector.
Obstacles facing by PMA and PCMA:
These authorities faces several difficulties and challenges:
- The Israeli occupation and measures imposed on banks and banking sector, especially in the Gaza Strip.
- Internal political crisis in Palestine as well as division between the West Bank and Gaza Strip.
- Dysfunction of the Palestinian Legislative Council (PLC) has impeded promulgation of a set of laws that are important to the PMA’s Transformation Plan.
- Global financial and economic crisis.
Archived Solution
You have full access to this solution. To save a copy with all formatting and attachments, use the button below.
For ready-to-submit work, please order a fresh solution below.
