Relook targeted moratorium, Anwar urges Putrajaya

Opposition leader Anwar Ibrahim says failure to take the lead in imposing a targeted moratorium is a dereliction of responsibility and a serious lapse of government leadership, leaving borrowers at the behest of banks. – The Malaysian Insight file pic, September 30, 2020.

OPPOSITION leader Anwar Ibrahim is urging the government to relook the implementation of a more targeted loan moratorium, especially to ease the burden of low-income households and small businesses.

With the blanket moratorium ending today, Anwar said the government needs to re-examine the targeted moratorium as Malaysia has yet to see any meaningful recovery in the salaries of low-income families or consistent revenue for small businesses.

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