Finance Ministry: 98% of 650,000 applications for targeted moratorium approved


The applications were mainly from individuals who had lost their jobs and businesses in sectors that are still experiencing significant operational constraints as a result of the Covid-19 pandemic.

KUALA LUMPUR: There were 650,000 applications for the targeted moratorium that was effected on Oct 1, of which 98% had been approved.

Finance deputy minister I, Datuk Abd Rahim Bakri said of the approved applications, 40% were for moratorium extension.

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