Economists concerned over EPF withdrawal, fiscal consolidation projections

Annabelle Lee

6 Nov 2020, 11:54 malam

Updated a year ago


BUDGET 2021 | Economists have expressed concern over the Budget 2021 proposal to allow struggling Employees’ Provident Fund (EPF) contributors to withdraw up to RM500 a month from their retirement savings.

In addition, while they lauded additional healthcare funding, some questioned if the government will be spending enough to stimulate the Covid-19 stricken economy.

Speaking to Malaysiakini, here are comments from three economists on yesterday’s Budget speech...

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