Ramallah: President Mahmoud Abbas on Tuesday issued a decree-law regarding the emergency budget for the 2026 fiscal year. The decree-law was put forward following a recommendation from the Palestinian Council of Ministers.
According to Palestine News and Information Agency - WAFA, the decision to issue the emergency budget decree-law reflects the ongoing efforts of the Palestinian leadership to manage the financial affairs of the state effectively. The decree is part of a series of measures aimed at addressing the economic challenges faced by the Palestinian territories and ensuring fiscal stability in the upcoming year.
The emergency budget is expected to prioritize essential services and sectors vital for the functioning of the Palestinian government and the welfare of its citizens. The Palestinian Council of Ministers played a key role in formulating the recommendation that led to the issuance of this decree-law.