Soldiers and police officers conducting checks at a roadblock on day five of the movement control order at Jalan Loke Yew in Kuala Lumpur March 22, 2020. — Picture by Firdaus Latif
But the announcement of the RM250 billion Prihatin Rakyat Economic Stimulus Measures by Prime Minister Tan Sri Muhyiddin Yassin on Friday, has allayed concerns on the part of SMEs over their immediate future. However, due to the Prihatin economic stimulus measure announced by Muhyiddin, Muhamad Zul Afendi will not lose any sleep anymore as he will enjoy a six-month moratorium on any loan repayments including MARA effective April 1, 2020.
Meanwhile, a handphone and accessories entrepreneur Norhakimi Ishak, 35, said any savings made from the moratorium of MARA’s loan repayments would be used to pay the salaries of his workers.