Budget 2022: Govt raises SJPP guarantee ceiling to RM10bil


KUALA LUMPUR: The government will improve Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) by providing guarantee for rescheduled and restructured financing with an additional guarantee ceiling of RM10 billion including RM2 billion specifically for Bumiputera.

Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said this initiative would assist companies to get access to new financing, which was difficult to get previously.

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