IMF praises PMA as Palestine bids for statehood
An IMF report has hailed advances made by the Palestine Monetary Authority (PMA) as it strives to improve its banking sector in preparation for the territory's bid for global recognition of its statehood in September 2011.
The report, seen by CentralBanking.com, which is due to be presented in Brussels on Wednesday, showered praise on the PMA's efforts to improve the territory's banking system.
"Following steady institutional reforms since 2007, the PMA is now in a position to carry out the
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