Student loan repayment deferred to end of year

Repayment of student loans has been deferred to the end of the year.

Speaking to reporters at a press conference broadcast live on Tuesday afternoon from the President's Office, President Solih disclosed that following discussions with the Minister of Finance and the Minister of Higher Education, repayment of all student loans would be deferred to the end of the year.

The president also said the Finance Ministry will also be taking additional measures to minimize government expenditure.