Govt focuses on policies to support businesses, banks will continue to help SMEs with repayment issues

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Whether the banks think that the SMEs have repayment issues, said the Finance Minister.

However, the government can encourage policies that are helping and assisting the people, he said, expressing hope that banks and Bank Negara Malaysia would continue to support the SMEs and micro, small and medium enterprises that are genuinely facing difficulties.

He also pointed out that Malaysia’s economy has been growing strongly so far, thanks to rising domestic consumption, a stronger export sector and better loan growth, among others, thus the measures taken during the pandemic-triggered economic crisis might not be the best solution for now. - Bernama

 

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