Peraturan 78 sengsarakan hidup peminjam

AI Summary

Economist Prof. Emeritus Dr. Barjoyai Bardai calls for the abolishment of Rule 78 in loan interest calculations in Malaysia. He argues that the rule, which calculates pre-computed interest, disproportionately benefits financial institutions while burdening borrowers with up to 50% interest on the principal loan amount. He advocates for replacing it with a more equitable effective interest rate calculation method.