Govt in talks with EPF on higher housing withdrawal


Reducing expenses: Johari giving his speech at the opening of the roundtable session in Kuala Lumpur. He says the Government will continue to cut down on duplicate expenses among the ministries to reduce operating expenses.

Govt proposes increasing funds in account two to 40% from 30%

PETALING JAYA: The Government is discussing with the Employees Provident Fund (EPF) to provide flexibility to first-time home buyers in withdrawing more from their account to aid their affordable home financial needs.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , johari abdul ghani

Next In Business News

Quality Concrete subsidiary bags RM294.59mil contract for Mukah water supply system
Hartanah Kenyalang bags RM42.79mil construction contract in Sarawak
Bank Negara's international reserves at US$124.1bil as at Nov 28
Capital A expect to exit PN17 status by year-end
Felda proposes establishing national taskforce to develop oil palm carbon framework
Bursa Malaysia remains lower at midday, KLCI down 0.54%
Geohan secures RM59mil contracts for Penang LRT project
MUI Properties to buy Ijok land for RM605mil
Geohan sets sights on Singapore to drive regional growth
DRB-Hicom shares up on revised US$110.62mil purchase price for Spirit MY

Others Also Read