IMF says PMA not a central bank yet

What follows is an extract from the transcript of a press briefing on the West Bank and Gaza by Adam Bennett and Karim Nashashibi of the IMF's Middle Eastern Department. Held in Dubai on September 20 (click the link on the right for the full text).

QUESTION: I did not think you mentioned the work of the Palestine Monetary Authority in your remarks, and I wonder if you could say a few words about how you assess that, how effective it is, and are you working with them on institution building and

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Geoeconomic reserve management

The world order is evolving. Whether, and how, the international economy remains integrated or shifts into spheres of influence has consequences for central bank policy and reserve management.

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