The money would be credited into their bank accounts via electronic transfer between May 4 and 18, he said in a statement here Saturday .
"This aggregate liquidity is needed not only to help the people get disposal income but also to create the market liquidity required by the retail sector, allow money to change hands and create a multiplier effect on the country's economy," he added. "This unprecedented health emergency had shrunk cash flow in the market after many people lost their sources of income. Billions of 'tourism dollar' from foreign tourists have also been lost because of the collapse of the tourism service sector," he said.
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EPF says 3.5 million contributors getting i-Lestari money | Malay MailKOTA KINABALU, May 9 — The Employees Provident Fund (EPF) has approved withdrawals from Account 2 totalling RM1.66 billion by 3.5 million contributors under the i-Lestari initiative launched last month, said Deputy Finance Minister I Datuk Abdul Rahim Bakri. The money would be credited into their... Important to note, this i-Lestari money is money that belongs to contributors. NOT government assistance. i-Lestari is self saving deduction scheme, please don't write as though our EPF contributors just hit a lottery jackpot. Whatever amount got chipped away today, remember a part of tomorrow's life line just got shredded along the way. Will editors edit better next time? It is the EPF members’ own money, withdrawn via the i-Lestari scheme. It is not money from the EPF nor from the backdoor government.
Source: malaymail - 🏆 1. / 86 Read more »
3.5mil EPF contributors getting RM1.66b under i-Lestari initiativeMoney to be credited into bank accounts via electronic transfer between May 4 and 18 says Deputy Finance Minister I Abdul Rahim Bakri. Xdpt pun😩 Getting our own money which we already have? 🤔 getting? It’s epf contributors own hard earned money! “ allowed “is more an appropriate word to use 😒😒😒
Source: malaysiakini - 🏆 20. / 51 Read more »
EPF approves RM1.66 bil withdrawal by 3.5 mil contributorsDeputy Finance Minister I Abdul Rahim Bakri says the money will be credited into the applicants' bank accounts between May 4 and 18. FMTNews EPF MCO
Source: fmtoday - 🏆 5. / 72 Read more »
EPF says 3.5 million contributors getting i-Lestari money | Malay MailKOTA KINABALU, May 9 — The Employees Provident Fund (EPF) has approved withdrawals from Account 2 totalling RM1.66 billion by 3.5 million contributors under the i-Lestari initiative launched last month, said Deputy Finance Minister I Datuk Abdul Rahim Bakri. The money would be credited into their... Important to note, this i-Lestari money is money that belongs to contributors. NOT government assistance. i-Lestari is self saving deduction scheme, please don't write as though our EPF contributors just hit a lottery jackpot. Whatever amount got chipped away today, remember a part of tomorrow's life line just got shredded along the way. Will editors edit better next time? It is the EPF members’ own money, withdrawn via the i-Lestari scheme. It is not money from the EPF nor from the backdoor government.
Source: malaymail - 🏆 1. / 86 Read more »
3.5mil EPF contributors getting RM1.66b under i-Lestari initiativeMoney to be credited into bank accounts via electronic transfer between May 4 and 18 says Deputy Finance Minister I Abdul Rahim Bakri. Xdpt pun😩 Getting our own money which we already have? 🤔 getting? It’s epf contributors own hard earned money! “ allowed “is more an appropriate word to use 😒😒😒
Source: malaysiakini - 🏆 20. / 51 Read more »