KUALA LUMPUR, April 22 -- DAP advisor Lim Guan Eng has described the government's latest RM5 billion aid package for small businesses as a "small win," urging Putrajaya to implement bolder measures like making the first RM50,000 of all loans interest-free and collateral-free.

The Bagan MP was responding to Prime Minister Datuk Seri Anwar Ibrahim's announcement of several measures to support micro, small and medium enterprises (MSMEs), including the new loan facility and a one-year delay for e-invoicing implementation.

While welcoming the move, Lim argued that for the aid to be a "big win," more direct financial relief is needed.

"I urge the prime minister to approve the first RM 50,000 portion of the entire loan be deemed interest-free...