KUALA LUMPUR, May 7 -- Datuk Seri Anwar Ibrahim described the government's announcement over the banking sector's decision to waive the additional interest or profit charges on installments for hire-purchase loans during the moratorium as "flip-flop".

Replying to a question from a member of the public during his Facebook Live session today, the PKR president also congratulated the public for being vociferous enough that Putrajaya had no choice but to listen.

"This is a flip-flop. I must congratulate and salute the hundreds and thousands, millions of netizens who protested until the government was forced to reconsider and take back their decision.

"It was easy for them to make the announcement. It sounded good and everyone clapped their...