Muhyiddin: Targeted moratorium extension for another three months (updated)


PETALING JAYA: The government has announced a targeted extension for the moratorium on bank loans for those who either lost their jobs or had pay cuts this year as a result of the Covid-19 pandemic.

Prime Minister Tan Sri Muhyiddin Yassin said individuals who lost their jobs in 2020 and still haven’t gotten a new job can enjoy the moratorium for another three months (up to Dec 31).

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Moratorium , Extended , Muhyiddin Yassin , Jobs , Lost , Wages

Next In Nation

Bomba rescues turtle trapped in drain near Melaka motel
Ismail Yusop ends tenure as J-Kom DG, set to take on new role
PM Anwar to undertake three-day official visit to Japan from June 8
Teluk Intan to be flood-free by 2028 through RM80.5mil project, says minister
Body of 64-year-old man found in drain in Kepala Batas
Sabah Tourism Blueprint to set growth with clear direction, says CM
Thunderstorms and heavy rain expected in three states until 3pm
Govt launches RM205mil Sinar programme to help MSMEs face challenges
Job seekers encouraged to visit myStarJob Fair for diverse career options, says fair
Two killed after motorcycle collides with lorry in Iskandar Puteri

Others Also Read