Palestinian Monetary Authority Mulls Launching Digital Currency

Palestinian Monetary Authority Mulls Launching Digital Currency

Assessment

Interactive Video

Business, Social Studies

University

Hard

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FREE Resource

The video discusses the Palestinian Monetary Authority's plans for digital currency and the allocation of a $425 million aid package from the European Investment Bank. It highlights the challenges of ensuring funds reach the real economy, the decline in international funding, and the budget deficit faced by Palestine. The potential benefits of launching a digital currency to reduce cash dependency and facilitate cross-border payments are also explored.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does the Palestinian Authority face regarding international funding?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the strategy for implementing a digital currency in Palestine?

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