No danger of massive youth bankruptcies, economists say | The Malaysian Insight

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No danger of youth bankruptcies, economists say

Economists are playing down fears of an increase in youth bankruptcies once government aid packages end next month, as banks will continue to provide targeted assistance to those unable to repay their debts. – The Malaysian Insight file pic, December 6, 2021.

ECONOMISTS have dismissed fears of an increase in youth bankruptcies once government aid packages halt next month. They told The Malaysian Insight that although the loan moratorium will end soon, banks will continue to provide targeted assistance to those unable to repay their debts. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

 

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