MOF assures of conducive market conditions amid MCO

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KUALA LUMPUR: The government and its related agencies will facilitate and ensure market conditions remain conducive and orderly following the impositi...

The government and its related agencies will facilitate and ensure market conditions remain conducive and orderly following the imposition of various forms of Movement Control Order to curb the spread of Covid-19, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Updating on the RM2 billion National Economic Recovery Plan Small and Medium Enterprise Financing, the minister said a total of 5,976 applications had been approved with a total financing value of RM1.149 billion as at Jan 1, 2021, compared with 5,764 applications with a total financing value of RM1.122 billion as of Dec 25, 2020.

As for the TEKUN Business Recovery Scheme , especially for micro SMEs, Tengku Zafrul said a total of RM99.9 million had been channelled under the scheme benefitting 14,946 micro SMEs as of Jan 1. Meanwhile, 356 SMEs have received funds from the Bumiputera Relief Financing scheme, which is managed by Perbadanan Usahawan Nasional Bhd , involving a value of RM94.2 million.

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