NEWS

Extend loan repayment moratorium to December, says Fomca

Bernama

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The Federation of Malaysian Consumers Associations (Fomca) has urged the government to consider extending the six-month moratorium on bank loan repayments until December.

Fomca president Marimuthu Nadason said this is because the public will be having difficulties picking themselves up after suffering loss of income and losing jobs due to the Covid-19 pandemic.

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