7,205 applications for the Penjana Small and Medium Enterprise (SME) Financing programme have been approved as of March 12, involving a total loan value of RM1.36 billion.

Finance Minister Tengku Zafrul Abdul Aziz said the government allocated RM2 billion under this programme that prioritised SMEs which had never obtained bank loans previously.

Meanwhile, approved Wage Subsidy Programme (WSP) 1.0 applications had...