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MATTA has engaged and submitted our proposals on the Economic Stimulus Package No.2 to the government and to the Economic Action Council (EAC)
MATTA is disappointed with the much anticipated Economic Stimulus Package announced by Prime Minister Tan Sri Muhyiddin Yassin which fails to address the key issue of protecting jobs.
MATTA had received numerous complaints from its members that leasing companies have created their own set of moratorium on repayment of loans instead of using the one issued by Bank Negara Malaysia on 24 March 2020.
MATTA is calling on the government to allow the private sector to stop mandatory contributions to the Employees Provident Fund (EPF), the Human Resources Development Fund (HRDF) and other levies.
MATTA welcomes the announcement by Prime Minister Tan Sri Muhyiddin Yassin that a movement control order will be imposed from tomorrow until the end of the month to contain the Covid-19 outbreak.