Personal debt will weigh down Malaysia's economic recovery i

Personal debt will weigh down Malaysia's economic recovery if nothing done now, Anwar warns Putrajaya | Malaysia


Monday, 05 Apr 2021 06:02 PM MYT
BY SOO WERN JUN
PKR president Datuk Seri Anwar Ibrahim warned the Perikatan Nasional government that rising personal debt among Malaysians, especially those taken to buy homes and vehicles, will derail post Covid-19 economic recovery efforts if nothing is done immediately. — Picture by Miera Zulyana
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KUALA LUMPUR, April 5 — Opposition Leader Datuk Seri Anwar Ibrahim today urged Prime Minister Tan Sri Muhyiddin Yassin to come up with new measures to provide economic relief to Malaysians struggling to repay their personal loans.
He warned the Perikatan Nasional government that rising personal debt among Malaysians, especially those taken to buy homes and vehicles, will derail post Covid-19 economic recovery efforts if nothing is done immediately.

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