The government has announced several initiatives to ease the burden of the people affected by floods that hit several states since last week, the Dewan Negara was told today.
He said the government will provide compassionate payment of RM5,000 to the next-of-kin of flood victims who died in the floods and RM1,000 to each household affected by the floods. “Bank Simpanan Nasional offers interest-free personal loan financing of up to RM5,000 and a moratorium for the first six months on monthly instalments to flood victims nationwide.
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