News Formal

Covid-19: Former finance minister Guan Eng urges govt to extend moratorium | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 86%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Covid-19: Former finance minister Guan Eng urges govt to extend moratorium

Saturday, 18 Jul 2020 01:55 PM MYT

GEORGE TOWN, July 18 ― The government should extend the loan moratorium given to borrowers by another six months to save businesses and jobs, said former finance minister Lim Guan Eng."We hope the government will extend the moratorium by another six months like what Japan has done. We are asking for this first although there are other matters ,” he said when speaking at a community function in Bukit Bendera near here today.

On March 25, Prime Minister Tan Sri Muhyiddin Yassin announced the moratorium on loan repayments that is due to end on September 30.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Moody’s: Covid-19 crisis bring long-term changes to structured finance | Malay MailKUALA LUMPUR, July 16 — The Covid-19 crisis is bringing long-term changes to structured finance worldwide, altering the risk profile of many asset classes because of the effects of government’s intervention, behavioural changes and other developments, said Moody’s Investors Service today....
Source: malaymail - 🏆 1. / 86 Read more »