Despite being an interim measure, the granting of the moratorium was timely and able to assist the impacted groups, especially those who had lost their source of income, Finance Minister Tengku Zafrul (pic) said when presenting the latest report on the implementation of Prihatin and the National Economic Recovery Plan (Penjana) on his Facebook page yesterday.
KUALA LUMPUR: The moratorium on loan repayments by financial institutions, which took effect on April 1 as part of the Prihatin Rakyat Economic Stimulus Package (Prihatin), is estimated to be worth RM51.4bil as at July 6.
Finance Minister Tengku Datuk Seri Zafrul Aziz said of the total, RM17.9bil was utilised by the business sector while RM33.38bil was utilised by the public.
Despite being an interim measure, the granting of the moratorium was timely and able to assist the impacted groups, especially those who had lost their source of income, he said when presenting the latest report on the implementation of Prihatin and the National Economic Recovery Plan (Penjana) on his Facebook page yesterday.
Limited time offer:
Just RM5 per month.
