KUALA LUMPUR, Oct 4 — DAP has called on the government to include small and medium enterprises in the three-month interest-free loan moratorium for borrowers, saying the group has been hit hard by the pandemic.
“Since a full reopening of the economy will only likely happen next year, the interest waiver should also cover SMEs to rescue them from imminent collapse,” its secretary-general Lim Guan Eng said in a statement here. However, one of his deputies Yamani Hafez Musa later stated that the government is finding a workable solution to implement an interest-free loan moratorium for borrowers and is still in talks with financial institutions as this involves a commercial decision between bank managements.
"There is a need for the winners of the Covid-19 pandemic and economic recession to help those who lost their jobs and businesses as well as struggling to find work or survive.
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: msianinsight - 🏆 8. / 63 Read more »
Source: msianinsight - 🏆 8. / 63 Read more »