Economists concerned over EPF withdrawal, fiscal consolidation projections
Published: Nov 6, 2020 11:54 PM | Updated: Nov 7, 2020 2:35 AM
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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