NRC recommends another moratorium


PAGOH: Financial institutions should introduce another special moratorium period to help micro, small and medium enterprises (MSMEs) struggling to manage their cash flow, says Tan Sri Muhyiddin Yassin.

The National Recovery Council (NRC) chairman said some businesses are still facing difficulties after suffering losses of 30% to 40% during the first two years of the Covid-19 pandemic, with some even going out of business.

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