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Stimulus: S'gor offers moratorium on loan payments and rent

This article is 3 years old

The Selangor government announced a stimulus package today that will offer a moratorium on several types of loan payments and rent.

Some 40,000 borrowers from the Yayasan Hijrah Selangor micro-credit scheme will have their loan payments deferred for 1.5 months to help their cash flow.

Some 1,300 borrowers from the Tabung Kumpulan Wang Biasiswa Negeri Selangor who graduated in 2021 will have the option of deferring the start of their loan repayment...

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