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Govt borrowing cost increases RM830mil a year due to EPF withdrawals of RM101bil

KUALA LUMPUR: The negative impact from portfolio balancing by the Employees Provident Fund (EPF) due to withdrawals by its members has caused the borrowing cost of the government to increase due to added interest payments amounting to RM830 million a year.
Kuala Lumpur Tengku Zafrul Zafrul Aziz Provident Fund Employees Provident Fund Minister Tengku Datuk Seri Zafrul Aziz

Finance minister: Govt borrowing cost increases to RM830m a year due to EPF withdrawals of RM101b | Malaysia

KUALA LUMPUR, March 14 — The negative impact from portfolio balancing by the Employees Provident Fund (EPF) due to withdrawals by its members has caused the borrowing cost of the government to increase due to added interest payments amounting to RM830 million a year. On the whole, EPF members...
Kuala Lumpur Tengku Zafrul Tengku Zafrul Abdul Aziz Provident Fund Employees Provident Fund Malaysian Government Securities

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