Tengku Zafrul urges DFIs to give full support to nation’s economic recovery

Finance Minister Tengku Zafrul Tengku Abdul Aziz has urged development financial institutions to provide the necessary support, such as financing, to help micro, small, and medium enterprises recover. – The Malaysian Insight file pic, September 10, 2021.

DEVELOPMENT financial institutions (DFIs) need to give their full support to the country’s economic recovery, Finance Minister Tengku Zafrul Tengku Abdul Aziz said.

He said the support can come in various forms, including providing the necessary financing to help businesses to recover and sustain themselves, while creating job opportunities that would support Malaysian livelihoods.  

“Immediate support from the DFIs to avoid a long-term impact is especially crucial for micro, small and medium enterprises in strategic sectors such as agriculture, infrastructure development, maritime activities, exports and high-tech and capital-intensive industries,” he said at the launch of the 67th Inter-Agencies Economic Stimulus Implementation and Coordination Unit Report today.

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