Loan repayment freeze to end in September as scheduled, says finance minister

Loan repayment freeze to end in September as scheduled, says finance minister

Tengku Zafrul Abdul Aziz says the moratorium will end on Sept 30.

The government says the six-month moratorium for housing and car loan repayments will not be extended.
PETALING JAYA:
Finance Minister Tengku Zafrul Abdul Aziz says the moratorium on loan repayments will end in September as scheduled.

According to Bernama, he said a targeted approach would be taken moving forward as under the recovery movement control order (RMCO), many businesses were now back in operation and able to service their loans.

The six-month freeze on loan repayments was introduced on April 1. It will end on Sept 30.

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