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News by Pang Saw Pin and Datuk Chang Kim Loong

Consider allowing “wholesome” EPF withdrawals post-MCO

It was reported that EPF has approved withdrawals totalling RM1.66 billion by 3.5 million contributors under the i-Lestari initiative launched last month. However, is RM500 per month enough to help them pay for their shelter or even feed their families? Will such pittance be sufficient to resuscitate their failing businesses?

22 May, 2020
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