Gov't to listen to all views on request for loan moratorium extension - Mustapa

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The government will listen to the views of all parties, especially Bank Negara Malaysia and local banks when deciding on the request to extend the loan repayment moratorium period. The period is currently scheduled to end on Sept 30. Minister in the Prime Minister’s Department (Economy) Mustapa Mohamed (above) said the move must be studied carefully as it was important to stimulate the country’s economy that was affected by Covid-19. “As a caring government, we have to listen to the views of all parties, including the people and businesses, as well as local banks that say the request is difficult to implement as it would put pressure on them. "What the government decided to do prior to this has significantly reduced the burden of the people and the business community. At present, our focus is to spur the economic sectors. Through stronger growth, the call to extend the morat…