Flood victims given six month loan moratorium

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Finance minister says he welcomes such efforts from the private sector and has been informed that several banks have already agreed to do so. FMTNews loanmoratorium

Flood victims around the country will see their additional burden eased with the six-month loan moratorium.

He said he had been informed that several banks have already agreed to do so, adding that he welcomed such efforts from the private sector to ease the people’s burdens in this time. “We all need to work together and play our respective roles to ensure that the economy can recover,” he said in the 36th Laksana report on the implementation of the government’s Prihatin, Penjana and Kita Prihatin programmes.

 

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