PETALING JAYA: The Malaysian Trades Union Congress today called for the six-month moratorium for housing and car loan repayments to be extended by another half a year.
“ would greatly benefit thousands of workers who have either lost their jobs or been forced to take massive pay cuts, rendering them unable to service their loans during this difficult period,” he said. Instead of utilising conventional methods such as dishing out one-off cash payments, he said, Putrajaya should introduce measures to provide a sustainable safety net for workers.
Saying the government has sizeable foreign reserves at its disposal, he urged it to give serious thought to using some of them.
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