The SME Development Finance Corporation has written off interest on its Covid Business Assistance loans and extended the repayment period to 10 years. President Ibrahim Mohamed Solih announced the decision at a campaign event in Malé, and interest already paid will be refunded.
One outlet so far Only Maldives Republic has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.
President Ibrahim Mohamed Solih, during a presidential election campaign event held in Malé on Thursday night, said the pandemic had caused great difficulties to the public
Word for word from the report in Maldives Republic. Open the report
[I was asked to] Do that at the least, and we have decided on that today. Hopefully, in line with that decision, you will no longer have to pay interest on the loans taken from SDFC, and we will pay back the interest to those who had paid …
Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.
The SME Development Finance Corporation (SDFC) has written off the interest on “Covid Business Assistance” loans and extended the repayment period to 10 years.
Word for word from the report in Maldives Republic. Open the report
