Malaysiakini
NEWS

Ex-finance minister urges Putrajaya to extend loan moratorium

Published

Former finance minister Lim Guan Eng has proposed that Putrajaya extend the loan moratorium due to expire at the end of September.

He said in the face of a worsening economy, people are not prepared to resume payment on their bank loans.

"The unemployment rate had risen dramatically from 3.2 percent in January to five percent in April.

"The April rate is the highest in...

All Access Plan
starting from

~RM12

per month
Subscribe Now
You can cancel anytime.
Get unlimited access to our articles on web and apps
Add comments to our articles
Bookmark articles to read later
We accept
Student or Senior Citizen? Get a special rateGroup / Institutional / Corporate Plans
Already Subscribed?
Sign In

Share