Government approves RM1.366bil loans under SME initiative of PENJANA

KUALA LUMPUR: The government has approved a total of 7,266 applications for RM1.366 billion in loans under the Small and Medium Enterprises (SMEs) initiative of the National Economic Regeneration Plan (PENJANA) as of March 19, 2021.

Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said the government had allocated RM2 billion under the programme, which gave priority to SMEs that had never received a loan from a bank before.