Gov’t Help Coming. No Need To Withdraw EPF Savings, Says Rafizi

1 min read

The Minister of Economy, Rafizi Ramli, has stated that the government is working on finding alternative ways to aid those facing financial difficulties due to the rising cost of living, without requiring them to withdraw their savings from the EPF.

He announced that the government will announce measures in the 2023 Budget to help the B40 group, specifically in generating additional income without dipping into their EPF.

Savings Intact

Rafizi emphasized the importance of keeping EPF money intact for old age, as the cost of living in old age will continue to rise. He stated that the government has a responsibility to ensure as many people as possible have savings for their old age.


Read More News @LatestMalaysia

US host Mocks Singapore Man Suing Rejected Crush

A man in Singapore, K Kawshigan, resorted to legal action in a S$3 million suit for the “emotional trauma” when a woman and the US host on the “The Daily Show” with Comedienne Chelsea Handler, poked fun at the man […] MORE

More Photos

savings, EPF
EPF accounts lower – Screen Shot

Leave a Reply

Previous Story

Road Tax: Firms, Foreigners, Public Service Vehicles Have To Display Sticker

Next Story

Government To Tighten Laws To Protect Citizens Against Job Scams

Latest from Blog

0 $0.00
%d bloggers like this:
Verified by MonsterInsights