Opposition MPs calls for automatic loan moratorium, wage subsidy to save jobs in Malaysia’s current MCO | Malay Mail

The Opposition MPs said the automatic loan moratorium which was similar to the ones introduced during the first MCO last year can remove the anxiety and bureaucracy almost immediately. — Reuters pic

The MPs, collectively from PKR, DAP, Amanah, Warisan, New Sarawak Party as well as the still unregistered Malaysia United Democratic Alliance , said the automatic loan moratorium which was similar to the ones introduced during the first MCO last year, can remove the anxiety and bureaucracy almost immediately.“Six-months automatic loan moratorium will improve cash flow in the economy hence creating economic activities.

“The current RM600 subsidy for one month only is insufficient as the aftermath of MCO 2.0 and the Emergency are still in the process of unveiling itself for some sectors.

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