Should The Loan Moratorium Be Extended?

Carmelo Ferlito, Senior Fellow, Institute for Democracy and Economic Affairs (IDEAS)

30-Jun-20 07:15

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Under the Prihatin Rakyat Economic Stimulus Package, Bank Negara Malaysia announced an automatic moratorium on all loan repayments by individuals and SMEs for six months. With September not too far away, questions are being asked about whether loan moratoriums should be extended. With that in mind, we speak to Carmelo about this and the potential impact on the wider financial system?

Produced by: Sim Wie Boon

Presented by: Noelle Lim, Roshan Kanesan, Lyn Mak

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Categories: Personal Finance, Investments, Financial Literacy, Politics, Law and Legal Matters, Business Analysis, Trends and Forecasts, Markets, Young Finance, Social Issues

Tags: bank, loan, loan moratorium, SME, business, repayment, Prihatin Rakyat, Economic Stimulus Package, Bank Negara,

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