Deferred loan/financing repayments were made possible with the moratorium under the Prihatin economic stimulus package.
He said the purpose of the moratorium, which is the third objective of Prihatin to strengthen the economy, was to provide relief to people and businesses in need for a six-month period.“These efforts include supporting businesses in terms of saving jobs through the wage subsidy programme and the enhanced wage subsidy programme ,” he said in a statement today.
Banks are also proactively targeting borrowers to offer advisory services for repayment assistance, he said.