Extend moratorium on loans for those really in need, says academician

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Ahmed Razman calls on the govt to consider this in Budget 2021, to lighten the financial burden of those affected by Covid-19.The government should consider announcing an extension of the moratorium loan period in Budget 2021 to help lighten the financial burden of individuals and businesses affected by the Covid-19 pandemic.Putra Business School Senior Lecturer Associate Professor Ahmed Razman Abdul Latiff (photo, above) said banks, especially those government-linked such as Agro Bank, were still capable of providing loan moratoriums.“Agro Bank, for example, is under the Ministry of Finance. What is wrong with providing the moratorium to farmers because they contribute back to the country's agro-food industry," he said when speaking on Bernama TV’s “Ruang Bicara” programme that discussed the topic, “Budget 2021: What do the people want”, last night.Ahmed Razman said …