Solving urgent needs immediately


PETALING JAYA: The massive sums of money withdrawn from member accounts in the Employees Provident Fund (EPF) will need to be rectified in the long term given how much has been withdrawn to tide people through during the pandemic.

Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz (pic) said the fund outflow from the EPF and the depletion of funds in a lot of member’s accounts have become a structural issue.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
EPF , Tengku Zafrul , banks , loan , moratorium , interest ,

Next In Business News

From the ashes of Fluff comes Big Mouth
Up in Arms - or up the value chain?
AI disruption fears rock markets
US LNG exporters lead in gas use
Private equity hits a sixer
Ringgit closes higher against greenback on cautious market sentiment
T7 Global subsidiary appointed panel contractor for PETRONAS
YTL inks RM200mil naming rights deal with Aviva for Bristol arena
KL High Court dismisses appeals of former Jalatama officers
Well Chip posts FY25 net profit jump to RM86.15mil

Others Also Read