KUALA LUMPUR: Putrajaya will introduce a new policy where those who are in dire financial straits will be able to use the funds in the Employees Provident Fund (EPF) as collateral for bank loans, says Prime Minister Datuk Seri Anwar Ibrahim.
"I will ensure that the EPF allows contributors who are in dire straits to take up loans from a bank with a collateral from their EPF, this is the best (I can do)," said Anwar while delivering his winding-up speech as the Finance Minister in Parliament on Thursday (March 9).
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