Finance Minister: Scope for EPF withdrawals to be widened to help 600,000 people


Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz. - Bernama

KUALA LUMPUR: The government is planning to widen the scope for Employees Provident Fund (EPF) contributors to make Account 1 withdrawals, says Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

The Finance Minister said he was in discussions with EPF on how this could be expanded to benefit more than 600,000 people – the initial target in Budget 2021.

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