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KUALA LUMPUR: The confusion over the withdrawal process from Account 1 of the Employee Provident Fund (EPF) under the i-Sinar program is expected to be cleared up next Wednesday (December 2).
Minister of Finance Tengku Datuk Seri Zafrul Tengku Abdul Aziz (pix) such detailed information about the i-Sinar program will be announced by EPF that day.
“The EPF will release the details, how the process is and others on Wednesday,” he said on the program “Ruang Bicara” produced today by Bernama TV.
He said this when asked by the show’s host Sherkawi Jirim about the public’s confusion regarding which groups qualify to withdraw contributions.
In general, Tengku Zafrul said that qualified people are those who lost their jobs or whose salary was affected, with withdrawals of up to RM10,000 if their savings in account 1 are less than RM90,000, but not all at once, while than those having more than the amount (RM90,000), the withdrawal is up to RM60,000.
On the allocation of RM3 billion to finance the acquisition of the Covid-19 vaccine, which was said to be insufficient, Tengku Zafrul said that the allocation would be increased as needed.
“We will not hesitate to increase the allocation if necessary … this is not only for vaccines, but also for all necessary allocations related to the Malaysian Ministry of Health (MOH), especially the allocation to combat Covid-19.
“According to a study carried out by the Ministry of Health and the Ministry of Energy, Science, Technology and Innovation, it takes about RM3 billion to vaccinate 70% of Malaysians. That estimate was based on their conversations with the vaccine companies, ”he said.
On the total allocation to the Department of Special Affairs (JASA), which was renamed the Department of Community Communications (J-KOM), he said that the total allocation would only be known during the committee stage of the Supply Bill 2021 (Budget 2021 ). .
“At the committee level, the Ministry of Communications and Multimedia (KKMM) will make an announcement on the allocation… on how much it is reduced.
“The Finance Ministry and the KKMM are still discussing … what we want to see and what KKMM Minister Datuk Saifuddin Abdullah agreed, we should and need to reduce their allocation,” he said. -Called
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