Just-announced Pemerkasa takes allocation for micro credit schemes to RM1.5 billion, says finance minister. FMTNews SME TengkuZafrul
Tengku Zafrul Abdul Aziz says that the approved wage subsidy applications had reached a value of RM12.769 billion.
Finance minister Tengku Zafrul Abdul Aziz said the total allocation of RM2 billion under the scheme prioritised SMEs that had not received loans from banks previously. Presenting the 45th Implementation and Coordination Unit Between National Agencies report today, Tengku Zafrul said the RM200 million Bumiputera Relief Financing introduced by Perbadanan Usahawan Nasional Bhd saw 662 SMEs receiving funding totalling RM191.1 million as at March 5.
“As of March 5, the approved wage subsidy applications had reached a value of RM12.769 billion,” he said.