Allow deferment of 3 months for home loans, Cuepacs appeals to govt

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Cuepacs president Adnan Mat hopes a three-month deferment, between April and June, could be granted for government housing loans.KUALA LUMPUR: The Congress of Unions of Employees in the Public and Civil Services (Cuepacs) has appealed to the government to consider a three-month deferment on housing loans taken by civil servants. This follows the decision by the Public Sector Home Financing Board (LPPSA) today not to defer the monthly instalment repayments. It said there was no need for a moratorium on housing loans as the welfare of civil servants was being taken care of by the government. LPPSA, in a statement, said that the decision was also made to ensure its financial sustainability. Cuepacs president Adnan Mat said they hoped a three-month deferment, between April and June, could be granted and that it could be offered as an option for those who were in need. “With the deferme…