Malaysia Debt Ventures Berhad (MDV), in a statement on Wednesday, said that it will implement the third phase of moratorium and restructuring of payments for its eligible customers to alleviate the challenges that they are facing due to the implementation of the full nationwide Movement Control Order 3.0 (MCO 3.0) and the ongoing Covid-19 pandemic.
The implementation of the relief measures is in keeping with the Government’s recent announcement of the RM40.00 billion ‘Program Strategik Memperkasa Rakyat dan Ekonomi Tambahan’ (PEMERKASA+) by Prime Minister, Tan Sri Muhyiddin Yassin.
Commenting on the Government’s latest initiative, MDV’s Chairman, Khairul Azwan Harun said that MDV acknowledges the Government’s continued efforts to support the livelihood of the rakyat and the survival of the business community particularly the micro, small and medium enterprises (MSMEs) as evident from the more than RM380.00 billion in aid and stimulus measures that had been introduced since the start of the pandemic, including PEMERKASA+.
“Under PEMERKASA+, the Government continues to provide incentives that would boost the growth of the nation’s digital economy such as the Jaringan Prihatin and eBelia programmes.
“Another incentive, the Geran Khas Prihatin 3.0 (GKP 3.0) for instance, would ensure business continuity and sustainability for eligible MSMEs who were severely affected by the adverse economic impact, which would subsequently provide them with the means to digitilise their operations by investing in relevant technologies,” said Azwan.
He added that these developments would lead to the creation of a more digitally inclusive society and businesses, which is crucial particularly in the nation’s ongoing economic recovery process.
On MDV’s part, the Company will further support the initiatives by the Government and future growth of the digital economy in line with the Finance Minister’s directive.
-NIAGATIMES
