Congress of Union of Employees in the Public and Civil Services (Cuepacs) has called on the government to defer the repayment of public servants' housing loans taken from the Public Sector Home Financing Board (LPPSA).
Cuepacs president Adnan Mat (above) said the move was necessary in light of the six-month moratorium by banking institutions in the country.
“Cuepacs is aware of the complaints and hopes of many civil servants, including civil service unions, who are seeking a delay in making repayments to the LPPSA," he said in a statement today.
“Not all civil servants in the country have a working partner. Some are housewives, small business owners or working in the private sector.
He said the current situation under the movement control order (MCO) due to the spread of Covid-19 had disrupted work routines and affected the income of public servants.
“Cuepacs hopes that the complaints and requests of civil servants will be received by Prime Minister Muhyiddin Yassin and the LPPSA.
"Cuepacs is confident that this move will help reinvigorate the country's economic movement," he said.
Bank Negara recently allowed bank customers, including individuals and small and medium enterprises (SMEs) to postpone their repayment of existing loans, including mortgages and hire purchase for a period of six months, and Cuepacs is asking the LPPSA to follow suit.
In a press conference today Senior Minister (Security) Ismail Sabri Yaakob responded to Adnan's call, saying that the proposal could be discussed at the next Economic Cluster meeting. - Mkini
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