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The PMA and Bank of Palestine organize a training session through 'Monshati' for Women-owned small enterprises

"The Palestinian Monetary Authority and Bank of Palestine organize a training session through 'Monshati' for Women-owned small enterprises, in cooperation with the Chamber of Commerce in Nablus and the Central Gaza Governorate.

The training focused on banking awareness and project feasibility studies for micro, small, and medium-sized enterprises (MSMEs), held at the Chamber of Commerce headquarters in both Nablus and the Central Gaza Governorate.

The topics covered in the training directly addressed the real needs of some projects, particularly the financing programs offered by the Bank of Palestine, strengthening the linkage between the bank, the PMA, and the chambers of commerce to better serve the targeted group.

 The workshop also enhanced the relationship between female-led projects and chambers of commerce as the umbrella of the private sector.

Participants were introduced to the various services provided by the chambers of commerce through 'Monshati' for projects free of charge, particularly micro-enterprises that benefited from the Estidama Fund at zero interest.

It is worth mentioning that 'Monshati' is the national framework for supporting and developing MSMEs, launched by the government in collaboration with the PMA, the Union of Chambers of Commerce, Industry, and Agriculture, and the United Nations Development Programme (UNDP).

It aims to enhance the resilience and adaptability of these enterprises by providing comprehensive support services to access information aiding investment decisions, seeking guidance on service and production development to meet local and international market needs, financial management and marketing services, funding opportunities, and legal consultancy services.

'Monshati' operates through five locations in chambers of commerce (Nablus, Hebron, Jericho, Bethlehem, and Deir Al-Balah) and a virtual platform managed by the PMA. This platform is connected to a large network of stakeholders in private sector development and has a panel of experts.