Experts fear another EPF withdrawal will lead to inflation

Cash flows: Members lining up at the entrance to the EPF office in Petaling Jaya. — ART CHEN/The Star

PETALING JAYA: Another special Employees Provident Fund (EPF) withdrawal will only lead to soaring inflation in Malaysia, say experts.

While cash handouts may be an appealing option for politicians, the increased money supply could worsen inflation figures, said economist Carmelo Ferlito.