RAMALLAH, Nov 3: The head of the Palestine Authority’s central bank resigned on Saturday, the office of Palestinian President Mahmud Abbas announced.
The resignation of George Abed comes as Abbas’s government is working with international donors to revitalise a local economy devastated by a seven-year-long uprising and widespread Israeli restrictions on movement.
The president’s office said Abed had tendered his resignation in order to tend to a sick child.
Abed, an independent technocrat was appointed the bank’s governor in April 2005, after a long career at the International Monetary Fund.—AFP
