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

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.

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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