Umno Youth proposes seven reasons for loan moratorium 2.0

Modified 4 Jun 2021, 11:10 am

Umno Youth has outlined seven economic rationalisations to ensure banking institutions are able to offer a second loan moratorium without any additional charges or interest in order to maintain economic sustainability.

Its chief, Asyraf Wajdi Dusuki, said this is to ensure the people’s cash flow is not affected during the total lockdown while also preventing more citizens from suffering bankruptcy.

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