Short-term impact on EPF following withdrawals, not long term, says Deputy Finance Minister I

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KUALA LUMPUR: There will be a short term impact on the Employees Provident Fund (EPF) following the withdrawal of some RM6.3bil by contributors, says Deputy Finance Minister I Mohd Shahar Abdullah.

"There will surely be some impact as EPF will have to prepare RM6.3bil to facilitate the withdrawals.

Shahar assured that the EPF would manage its funds accordingly to ensure that the savings of its contributors were protected. "I had already informed you of this outside the House last week and want to state this in the House that he did not resign and is still working. I hope that you will not raise this up again," Shahar said.

The Finance Ministry issued a denial of Zafrul's alleged resignation following a fake resignation letter making its rounds on social media last week. However, he said that economic indicators revealed that the country was on the right track to recovery.

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Stupidity to the core...

Not your problem. Just give us our money.

Kejayaan

Yes, you're taking out your own money

Short term? Lmao

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Don't worry, Zafrul still finance minister, says deputy ShaharPARLIAMENT | The deputy puts to rest rumours that his boss had resigned. Be worried , Zafrul still finance minister dah 2 hari tak datang, resigned lah tu. kene buat kenduri rakyat msia ni, doa selamatttt Zafrul will be history by next year! He can follow Muhyiddin ha ha
Source: malaysiakini - 🏆 20. / 51 Read more »