Automatic loan halt should be an ‘opt-out’ approach

Emir Research said it would appear that “incentivising” the landlords into giving discounts or waivers did not seem to work well. Hence, the think tank’s standpoint that it should be an automatic “opt-out” rather than an “opt-in” moratorium void of any conditions upon application for all, including non-micro SMEs.

PETALING JAYA: Emir Research is of the view that the automatic loan moratorium announced under the government’s RM150bil National People’s Well-Being and Economic Recovery Package (Pemulih) recently should be an “opt-out”, rather than an “opt-in” approach.

The independent think tank cautioned that the benefit might not reach all the deserving categories.