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June 13, 2012       Share:    

Source: http://english.wafa.ps/index.php?action=detail&id=20025

PA Reaches Borrowing Limit from Palestinian Banks

(WAFA-PA) Government borrowing from the Palestinian banking system has reached the maximum tolerable risk limit, governor of the Palestine Monetary Authority Jihad Al-Wazir said Monday. He noted that Palestinian banks lent the government over $300 million in the last two months.

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