Finance Ministry asks banks to offer interest-free loan moratorium for 3 months


Finance Minister Tengku Zafrul Tengku Aziz says that, aside from the moratorium, the government will nearly double the Covid-19 fund and raise the statutory debt limit. – The Malaysian Insight file pic, September 14, 2021.

THE Finance Ministry has agreed to ask banks to offer interest-free loan moratoriums as part of the government’s agreement with Pakatan Harapan (PH), Finance Minister Tengku Zafrul Tengku Aziz said today.

“The Ministry of Finance has asked banking institutions to make efforts to arrange for interest-free payments for moratorium recipients with immediate effect.


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