Blanket moratorium does not come at 'zero cost' to govt: Zafrul

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After criticism, finance minister explains why blanket loan moratorium was not included in Pemerkasa Plus.

Contrary to his comments earlier this week, Finance Minister Tengku Zafrul Abdul Aziz has “clarified” that Putrajaya can use the Emergency Ordinance to compel banks to allow a blanket loan moratorium.His explanation came after.

 

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It's just a cost for ex banker not getting support from banker...is it?

Just too freaking tired of this FM and PN Govt. This lockdown will further harm our livelihood for sure if there're no Financial Aid to the M40 & T20 group. Without automatic moratorium and extension of i-Sinar won't help to get through this Lockdown now. Disastrous future.

all interest is charge since moratorium started not is free! thank you PN

He will not help people at all. Do not listen to him at all. He is looking at number only not people life.

U MuhyiddinYassin lock us down but no moratorium. R u expecting us to print money at home? Use your head tzafrul_aziz , can?

Bank already charge for the interest for the differed payment ... what cost is there to the Govt ?!?

incompetent minister

So? That is why government hired you, do your creative accounting!

Any person with common sense knows that , duh. Just shut up if you cannot issue a smart statement

I am a simple man. I see tzafrul_aziz i ask for laptops.

tzafrul_aziz is thinking like a Banker not a Finance Minister.

Government has to help the people during this very difficult time of Covid-19 pandemic & there's no two ways about it. After all, it's the tax payers money that the government is going to use. Government can't expect the people to dig deeper into their savings. So just do it!

He run the country like a business..bodoh bertempat

Then, government is for what? To make profit from rakyat?

No one said it did not! But a govt's responsibilities is to the rakyat's welfare. Kalau niat betul nk tlg rakyat, takde la masuk pintu belakang. He won't understand, he's not publicly elected. PN should stop him from issuing anymore statement, or better, remove him.

Cost to Govt ? ? Hello Mr Finance Minister It's cost to Taxpayers. Govt do not generate income. Only knows how to spend.

Ok

Nothing comes at zero cost... We all know that... And it will all go back to tax payers... Those who never paid any taxes will always be begging the government to help them and never once be grateful to the tax payers for working so hard...

Sama juga seperti suntikan fiskal yang lain. Ianya tidak berbentuk percuma. Ia akan dbyr oleh rakyat nanti. tzafrul_aziz

Itu tanggungjwb govt 🤷🏼‍♀️ sapa suruh curi dari yg dpt mandat 🤬...you made your bed, deal with it 😤tzafrul_aziz MuhyiddinYassin

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