KUALA LUMPUR: The government has the obligation to protect the people, especially those at risk such as contributors to the Employees Provident Fund (EPF) who do not have enough savings for their old age, says Economy Minister Rafizi Ramli (pic).
He said for that reason the government did not allow targeted EPF withdrawal, adding that even though the withdrawal was seen as an initiative that did not involve the government’s money or efforts, withdrawing from the EPF would reduce the people’s savings for retirement.
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