Targeted moratorium extension for another three months, says PM

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Targeted moratorium extension for another three months, says PM

T
The Star

8 Views • Jul 29, 2020

Description

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).

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