There are better options than EPF withdrawal to help Malaysians, says Anwar 


Prime Minister Anwar Ibrahim has said that the government will have to consider the plight and future of EPF contributors before they are allowed another round of special withdrawals. – The Malaysian Insight file pic, January 16, 2023.  

Prime Minister Anwar Ibrahim said the government will have to consider the plight and future of Employees Provident Fund (EPF) contributors before they are allowed another round of special withdrawals.  

Anwar said it was better for the government to look for other effective options to help those impacted by or who had lost their source of income due to the Covid-19 pandemic.  

He added that most contributors had minimal savings and if the government allowed more withdrawals, it would affect the future of the contributors.  

“Too little… I’ve checked the amount of savings and for a majority of contributors, it is too small, and I am very concerned about their future. 

“It would be better for the government to look for options to help them,” he told reporters after attending a gathering of Perlis civil servants today.   

Yesterday, a group of EPF contributors, Pertubuhan Aktivis Rakyat Malaysia, called on the government to consider another round of EPF withdrawals of up to RM30,000. 

Its president Khairul Anuar Othman said the one-off withdrawal between RM10,000 to RM30,000 was a short-term solution so that the people would not run out of cash to spend.  

On development projects in Perlis, the prime minister said the government would look into all projects under the Northern Corridor Economic Region (NCER) after the tabling of the revised Budget 2023 on February 24.  

“Matters concerning projects will be discussed with the northern corridor (NCER). The menteri besar has sent a list of projects including Sanglang Port, Perlis Inland Port, food security… those are matters to be focused on, but it would be best to hear out the details in the corridor meeting after the (tabling of) budget,” he said. – Bernama, January 16, 2023.  


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