Moratorium extension: Finance Ministry advises borrowers not to delay application

: The Finance Ministry has advised individual borrowers burdened with unpaid installments due to the economic impact of Covid-19, to deal with their respective banks without delay from Aug 7 for extension of the moratorium on their loans.

According to him, the value of the loan repayment moratorium involving 7.7 million borrowers as of July 24 is RM62.8 billion. Of the total, 243,000 are small and medium enterprises. Mohd Shahar earlier launched the 15th Malaysian National Economic Conference and Tun Abdullah Ahmad Badawi Legacy Organisation -Perkem webinar series 2020.

Meanwhile, Legasi chairman Datuk Jefridin Atan, who was ex-prime minister Abdullah Badawi’s special officer, said Covid-19 prompted the organisers to innovate and hold the Legasi-Perkem webinar series via the zoom application and Facebook live, in line with the new normal.

Ireland Ireland Latest News, Ireland Ireland Headlines

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

Politicians appointed to 17 companies since March, Dewan toldFinance Ministry says the appointments were based on their abilities and expertise. FMTNews PoliticalAppointment
Source: fmtoday - 🏆 5. / 72 Read more »

Finance Ministry to settle GST refund arrears by this yearIts deputy minister attributes the delay to invalid bank registrant information and failure of registrants to respond.
Source: malaysiakini - 🏆 20. / 51 Read more »

Finance Ministry studying efficacy of Covid-19 stimulus packagesPETALING JAYA: The Finance Ministry is studying efficiency of the economic stimulus packages implemented during the Covid-19 pandemic period and will be introducing immediate steps to improve them.
Source: staronline - 🏆 4. / 75 Read more »