Latest Breaking News On - Simpanan shariah - Page 1 : vimarsana.com
The Employees Provident Fund (EPF) had in 2021 recorded its first negative net contribution in 20 years at RM58.2 billion as members withdrew funds from their EPF accounts to cushion the impact of Covid-19 pandemic movement restrictions which began in early 2020, according to the EPF's chief executive officer Datuk Seri Amir Hamzah Azizan. "As (Covid-19-driven) lockdowns continued to spill over into 2021, multiple small businesses were severely impacted, with many having to cease operations, thus causing widespread job losses. As an immediate effort to sustain the livelihood of our members, we introduced i-Citra in July 2021 which allowed members to withdraw up to RM5,000," Amir Hamzah said in the EPF's latest annual report for 2021.
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