PM Anwar: Govt is Considering Making Mandatory Salary Deduction to PTPTN Loan Borrowers

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PM Anwar: Govt is Considering Making Mandatory Salary Deduction to PTPTN Loan Borrowers
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Prime Minister Datuk Seri Anwar Ibrahim has announced that the government is considering making monthly salary deductions to Malaysians with the National

A compulsory monthly deduction through the Income Contingent Loan programme, Anwar said that this move is meant to keep PTPTN sustainable as currently, recovering PTPTN study loans from those who have entered the workforce remains a challenge.

Specifically, ICL via automatic salary deductions made by the Inland Revenue Board is touted as the most practical and least-burdensome proposal for PTPTN loan borrowers to settle their debts.

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