6-month moratorium on loan repayments for co-ops

The six-month moratorium on loan repayments for cooperatives takes effect next month. – AFP pic, March 26, 2020.

THE Entrepreneur Development and Cooperatives Ministry has announced a six-month moratorium on loan repayments, starting next month.

Minister Wan Junaidi Tuanku Jaafar, in a statement, said the government is concerned about the impact of the Covid-19 pandemic on Malaysia’s 14,628 cooperatives.

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