Business groups praise budget but want lower bar for getting loans

BUDGET 2022 | The business community has raised concern over a RM40 billion financing scheme under Budget 2022 that may not be available to small and medium enterprises (SMEs).

While lauding the budget tabled by Finance Minister Tengku Zafrul Abdul Aziz as the largest budget in history for the business community and other sectors, business groups want the government to ensure that SMEs can access the loan.

This is particularly after they observed how loan applications by entrepreneurs were...