By Haifa Farzaana
KUALA LUMPUR, 28 February 2023: Prime Minister Datuk Seri Anwar Ibrahim who is also the Finance Minister announced in the Budget 2023 last week (24 February) on the loan repayment discounts of the National Higher Education Fund Corporation (PTPTN).
“Borrowers will receive discounts up to 20 percent for three months amidst these economic challenges starting 1 March,” Anwar stated at Dewan Rakyat.
He emphasised, “Those with a monthly income of RM1,800 and below can defer repayments for a period of six months in which applications for the deferrals will be opened starting 1 March.”
The Prime Minister commented that this initiative is to help the borrowers until they find jobs with a stable income.
PTPTN is a government institution that offers loans to Malaysian students who wish to pursue their studies.***
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