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Government approves RM1 366 bln loans under SME initiative of Penjana — Tengku Zafrul

07 Apr 2021 / 17:02 H. KUALA LUMPUR: The government has approved a total of 7,266 applications for RM1.366 billion in loans under the Small and Medium Enterprises (SMEs) initiative of the National Economic Regeneration Plan (Penjana) as of March 19, 2021. Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz ( pix) said the government had allocated RM2 billion under the programme, which gave priority to SMEs that had never received a loan from a bank before. As of March 26, the Bumiputera Relief Financing (BRF) fund introduced by Perbadanan Usahawan Nasional Bhd (PUNB) has been channelled to 749 SMEs involving a total of RM226.8 million compared to 675 SMEs with a total of RM195.2 million the previous week.

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