4th Round of EPF Withdrawals

The government will once again allow Malaysians to withdraw up to 10,000 ringgit of their retirement savings from EPF, to help rebuild their lives after two years of virus restrictions. According to Prime Minister Datuk Seri Ismail Sabri, the decision was a difficult one to make, as it involves citizens’ retirement funds. But what are the consequences of this? Pankaj C Kumar, Business Commentator gives us his views. Image credit: Shutterstock.com