Muhyiddin moots another round of loan repayment moratorium

The National Recovery Council (MPN) recommended that banks should consider offering moratoriums to small and medium enterprises (SMEs), especially those that are still struggling to recover after Covid-19.

Its chairperson Muhyiddin Yassin said there have been three MPN meetings to discuss about SMEs, which among others, have asked for financial assistance as some of them are still unable to recover and business was declining.