Ministry of National Economy

Ministry Vision

Shifting to a productive and independent economy capable of steadfastness and competition and of attracting investments to achieve sustainable economic and social development

Mission

To improve the conditions of the Palestinian people through forming a developmental framework for the private sector and to foster a better business atmosphere through improving the quality of services provided by the private sector that would support and contribute to generating economic development and improve living standards for citizens. This is achieved by formulating an economic policy in coordination with the private sector, relevant ministry and CSOs within an official framework of cooperation.

Ministry active programs
  • Industry and commerce development
  • Consumer protection
  • Administrative program
  • Employees not distributed among programs
Strategic Goals

One: An independent Palestinian economy

Two: An enabling and attractive business environment for investment

Three: A leading and competitive Palestinian industry

Four: An organized domestic market and consumer protection

The Ministry of National Economy’s budget was ILS71,961,063 or 0.41% of the overall expenditures in the 2023 public budget

Distribution of the budget according to item / ILS

Capital expenditures
162,928
0.20%
Developmental expenditures
20,500,000
28.50%
Operational costs
5,500,000
7.60%
Social contributions
4301002.00
6.00
Salaries and wages
41,497,133
57.70

توزيع الموازنة الجارية والرأسمالية تبعاً للبرامج/ بالشيكل

البرنامج الموازنة
Industry and commerce development 10,413,991
Consumer protection 7,914,477
Employees not distributed among programs 16,222,996
Administrative program 16,909,599
FAQ

Citizen Budget

a simplified document of the general budget Ministry of Education. Expressed in numbers, figures and graphs, it summarizes the key expenditure policies, approaches and priorities of the Ministry for the upcoming year. The budget enables citizens to become familiarized with the distribution of expenses among different programs and items in the education sector and consequently, to monitor governmental expenditures on education.

Operational costs

the necessary expenditures for the operation of the public institution, i.e. the Ministry (Electricity, water, fuel, travel, etc.)

Developmental expenditures

are expenditures which have a nature that is different from current expenditures in terms of their useful life and the return from expenditures, and are financed by the PA budget and donors.

Capital expenditures

what the government [Ministry] spends on the possession of capital assets (buildings, land, equipment, vehicles, etc.)

Current expenditures

This includes salaries and wages, raises, operational and referral expenditures of the ministry, public institutions and the other executive bodies of the State of Palestine

Program for employees not distributed within programs

a special program for employees in the Gaza Strip

Gender-responsive budget

A gender-responsive budget is considered a tool for financial planning with economic and social dimensions, which helps the government to integrate gender in the preparation and implementation of the public budget. This is to ensure that available financial resources are allocated in a just manner and aimed at eradicating discrimination on the basis of gender in regards to government services and in a way that meets the specific needs of men, women, girls, boys and marginalized social sectors.

Citizen budgets for the ministry during previous years

Year Capital Expenditures Capital Expenditures percent Developmental Budget Developmental Budget percent Operational Expenditures Operational Expenditures percent Social Assistance Benefits Social Assistance Benefits percent Total Yearly Budget
2024 56,464 0.10% 9,675,000 18.60% 4,406,958 8.50% 52,086,764
2023 162,928 0.20% 20,500,000 28.50% 5,500,000 7.60% 71,961,063

Chart of the citizen's budget during previous years

معلومات الاتصال

وزارة الاقتصاد الوطني: