Prime Minister Datuk Seri Anwar Ibrahim said the government will have to consider the plight and the 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 said this is because most contributors have very small amounts of savings and if the government allows withdrawals again, it will affect the future of the contributors themselves. 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 said, this comes after, 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 is a short-term solution so that the people will not run out of cash to spend.
