Proposal to use EPF as loan collateral among issues in focus at Dewan Rakyat on March 21


KUALA LUMPUR: The proposal to allow contributors of the Employees Provident Fund (EPF) to take bank loans by using their contributions as collateral will be among the matters to be discussed in the Dewan Rakyat on Tuesday (March 21).

According to the Order Paper on Parliament's official website, the matter will be raised by Datuk Muslimin Yahaya (PN-Sungai Besar) in a question to the Prime Minister during the Minister's Question Time (MQT).

He wants to know the government’s justification of the proposal and the interest rate that will be charged to contributors who are eligible for the scheme.

Meanwhile, Roslan Hashim (PN-Kulim Bandar Baharu) will ask the Education Minister whether the ministry can facilitate the acquisition and purchase of ICT equipment for schools such as printers, laptops and PCs.

There will also be a question to the Plantation Industries and Commodities Minister by Datuk Seri Dr Wee Jeck Seng (BN-Tanjung Piai) on whether the ministry, through cooperation with various other ministries, is prepared to carry out tests on the production of biofuel from palm oil similar to what is being done by Indonesia.

After the question and answer session, the Dewan Rakyat will continue with the debate and winding up of the Supply Bill 2023 at the committee level. - Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

Najib had a chance to defend himself when giving statement, MACC officer tells court
Malaysia’s 5G adoption rate almost 36%, coverage 80.3%, says Fahmi
Stakeholders to take action on casino licence report, says Anwar
Past mistakes should serve as lesson to save Malaysia Airlines, says Anwar
E-Filing: Deadline to submit tax return forms for non-business taxpayers extended to May 15
Mum breaks down after being harassed by ah long debts
Kuala Kubu Baharu polls begins with nomination tomorrow
Minimal short-term impact on house owners from new EPF initiative, says Rehda
Customs expanding K9 unit to curb drug smuggling via courier
Revenue from increased water tariffs will go to urgent projects, PBAPP pledges

Others Also Read