Sunday, 24 Jan 2021 04:18 PM MYT
PASIR MAS, Jan 24 — The Skills Development Fund Corporation will continue to extend the deferment of loan repayment until a period to be announced later following the implementation of the movement control order . “Among our initiatives is to offer the moratorium as a temporary relief to the financial pressures faced by borrowers.
Ahmad Fadhli said since 2006, about 400,000 borrowers, especially young people were undergoing training at skills training centres registered under the Human Resources Ministry.“For us, extending the postponement is an obligation as a government to ensure that the people are are taken care of... but on the other hand despite being offered a moratorium, there are also borrowers who make repayments even though they are not required to at this time,” he said.