Thursday, 19 Mar 2020 08:32 PM MYT
Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said the government is very concerned about the negative effects of Covid-19 that have affected individuals and small and medium enterprises . Besides providing assistance to SMEs to enable them to maintain business operations, protect jobs and encourage domestic investment, he said local banks have also taken steps to support affected individuals and SMEs.
In the wake of the Movement Control Order directive, Tengku Zafrul said the government also comes to the aid of taxpayers who are facing difficulties.
An emergency lending program by way of a BNM_official directive to all commercial banks would keep a liquidity crisis from turning into a solvency crisis. Now is the time to pull all the stops especially for SMEs and small businesses. NajibRazakl Khazanah_MY AzminAli