No final decision on loan moratorium yet, says Finance Minister

“Regarding the moratorium, we are still in discussions and have not reached a final decision, ” he said.

“The moratorium is in effect for six months until September, its allocation amounts to about RM100bil. “For example, this may mean extending the loan period, to reduce the instalment amount or to change terms and conditions, ” he said. “The implementation of the Prihatin and Penjana economic stimulus packages are being monitored closely by the Economic Stimulus Implementation and Coordination Unit , under the Finance Ministry.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Finance minister: Loan repayment moratorium ending in September as most should be able to service debt now | Malay MailKUALA LUMPUR, July 21 — Borrowers must begin servicing their loans from October as the repayment moratorium will end as scheduled in September, Finance Minister Datuk Seri Tengku Zafrul Aziz said today. According to national news agency Bernama, the minister confirmed that the moratorium...
Source: malaymail - 🏆 1. / 86 Read more »

Loan repayment freeze to end in September as scheduled, says finance ministerTengku Zafrul Abdul Aziz says the moratorium will end on Sept 30. FMTNews
Source: fmtoday - 🏆 5. / 72 Read more »