Offer rent moratorium and automatic blanket loan moratorium, GEM urges

Offer rent moratorium and automatic blanket loan moratorium, GEM urges. [Newspaper] (2021)



Abstract

KUALA LUMPUR: Gerakan Ekonomi Malaysia (GEM) has urged the government to implement an automatic blanket loan moratorium as soon as possible until Covid-19 herd immunity is achieved. GEM president Armin Baniaz Pahamin said many rakyat and businesses were denied the targeted moratorium implemented currently as they had to go through tedious processes to apply for repayment assistance from banks. He said this had led them to feel desperate financially, some of which had resorted to suicide.

Item Type: Newspaper
Keywords: Blanket moratorium, Businesses, Debt
Taxonomy: By Subject > Business & Management > Finance
Local Content Hub: Subjects > Business & Management
Depositing User: Jamil Jawi
Date Deposited: 12 Jul 2021 01:58
Last Modified: 12 Jul 2021 01:58
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