Finance Ministry: Loan approvals up 13pc in May after OPR slashed | Malay Mail

Amirudin said the OPR cut was to ensure the nation’s economy continued to remain on the right track of sustainable growth with stable inflation. — Picture by Ahmad Zamzahuri

Deputy Finance Minister Datuk Amiruddin Hamzah said April’s loan approvals, a month before the OPR cut, recorded a decrease by one per cent compared with March. Elaborating further, Amirudin said for the period of April-May 2019, monthly growth in total loan payback was -6.8 per cent, while March-April monthly growth was -0.4 per cent.

Amirudin said the OPR cut was to ensure the nation’s economy continued to remain on the right track of sustainable growth with stable inflation, supported by strong financial intermediation.

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Finance Ministry: Sarawak govt has not officially respond on the RM1b loan offer | Malay MailKUALA LUMPUR, July 6 — The Sarawak state government has yet to provide any official feedback to the Federal government on the proposed loan offer, amounting to RM1 billion, which will be allocated for repairs of dilapidated schools in the state. The Finance Ministry in a statement today said the...
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