PUTRAJAYA: The freeing of RM9.6bil in Employees Provident Fund contributions for payment of housing loans will not affect the earnings of the body.
Second Finance Minister Tan Sri Nor Mohamed Yakcop also quelled fears that this mechanism, which makes it easier for Malaysians to own a home, would lead to retirees not having enough funds to cover their expenses in the future.
Already a subscriber? Log in.
Subscribe to win RM50 Touch 'n Go e-Voucher! More Info
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!