Palestinian Monetary Authority May Launch Own Digital Currency

The video discusses the Palestinian Monetary Authority's (PMA) plans for digital currency and the allocation of a $425 million aid package from the European Investment Bank. It covers the distribution of funds in Gaza and the West Bank, ensuring funds reach SMEs and not Hamas, and the decline in international and Arab donor contributions. The PMA is exploring digital currency to reduce cash dependency, especially Israeli cash, and improve payment systems.

What measures are in place to ensure that funds reach the real economy and not Hamas?

What is the significance of launching a digital currency for the Palestinian economy?