PETALING JAYA: The unprecedented move to allow withdrawals from Account 1 of the Employees Provident Fund (EPF) in Budget 2021 is a short-term measure for long-term survival, says EPF chief executive officer Tunku Alizakri Alias.
In an immediate response to the Budget 2021 tabled in Parliament earlier Friday (Nov 6), Alizakri said that it was an action deemed necessary at this point due to the challenges faced by contributors during the Covid-19 pandemic.
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