Dewan Rakyat to discuss EPF savings as collateral proposal


The Dewan Rakyat will discuss the proposal to allow Employees Provident Fund contributors to take bank loans using their savings as collateral today. – The Malaysian Insight file pic, March 21, 2023.

THE proposal to allow Employees Provident Fund (EPF) contributors to take bank loans using their savings as collateral will be among the matters to be discussed in the Dewan Rakyat today.

According to the order paper on parliament’s official website, the matter will be raised by Muslimin Yahaya (Sungai Besar-PN) in a question to the prime minister during the minister’s question time.

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

There will also be a question from Cha Kee Chin (Rasah-PH) to the prime minister on whether Lim Guan Eng (Bagan-PH), during his tenure as finance minister from May 2018 to February 2020, cancelled the tax exemption for Albukhary Foundation, and if he did, to give the reasons for doing so.

Roslan Hashim (Kulim Bandar Baharu-PN) will ask the education minister whether the ministry can facilitate the acquisition of information and communications technology equipment for schools such as printers, laptops and computers.

There will also be a question to the plantation and commodities minister by Wee Jeck Seng (Tanjung Piai-BN) 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, March 21, 2023.


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