As interest rates rise, PBM calls for loan repayment moratorium

Published: Nov 9, 2022 5:21 AM

Parti Bangsa Malaysia (PBM) has urged Putrajaya to implement an across-the-board loan repayment moratorium following Bank Negara's decision to hike the overnight policy rate (OPR) by 25-basis-point to 2.75 percent.

PBM president-designate Zuraida Kamaruddin said she received many complaints from businesses on cash flow problems due to rising interest rates.

"We have also received feedback that many businesses

Bank Negara raises OPR by 25 basis points to 2.75pct

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