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MAS, banks to see how best to wean borrowers off Covid-19 reliefs

Support to help alleviate cashflow pressures faced by individuals and businesses cannot continue indefinitely, says MAS MD Ravi Menon

Mr Menon says deferred payments are temporary and come with added costs.


THE Monetary Authority of Singapore (MAS) is studying the delicate balance of when and how to ease virus relief measures, so as to mitigate unintended "cliff" effects when these helplines expire towards the end of the year.

While the support helped alleviate cashflow...

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