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Moratorium On SME Loans May Extend To Interest Payments

The government is considering extending the 12-month capital moratorium on non-performing loans (NPLs) of small and medium-scale (SME) businesses to interest payments, acknowledging the difficulties in meeting interest payments by some default SME debtors. The government and the CB were earlier planning to restructure these loans, including the unpaid interest, and to charge interest for the 12-month moratorium period. SMEs, which have ...

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