Some banking measures to help SMEs sail through the financial storm

I REFER to your report Mustapa: At least six months needed for country’s economy to recover on March 30, in which Minister in the Prime Minister's Department (Economy) Datuk Seri Mustapa Mohamed alluded to the fact that small and medium-sized entreprenuers (SMEs) claimed they were not directly subsidised under the economic stimulus packages (Prihatin). "But the government is always open to them as they represent over 60% in the workforce, ” he said.

Allow me to share some ideas, but before that, let's identify a key issue facing SMEs, understand the peculiarities of the impending economic depression and role of banks.