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The European Bank for Reconstruction and Development (EBRD) is partnering with the Palestinian Ministry of National Economy to develop a comprehensive insolvency law for businesses and citizens in the West Bank and Gaza.
A public consultation event was held in Ramallah in November to present an outline of the key concepts of the new legislation and to collect public feedback. Mohammad Al-Amour, Palestinian Minister of National Economy, opened the event and stressed the importance of new insolvency legislation for social and financial stability.
click here to read the EBRD's press release.
