Muhyiddin Yassin : Malaysia Government Allows RM 500 EPF Withdrawal Every Month - The Coverage
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Muhyiddin Yassin : Malaysia Government Allows RM 500 EPF Withdrawal Every Month

Some 12 million Malaysians will be allowed to withdraw RM500 every month from the Employees Provident Fund (EPF) Account 2 for the next one year, Putrajaya announced today as part of measures to help the public cope with the financial impact of the Covid-19 restrictions.

The government said it expects some RM40 billion in total withdrawal.

Prime Minister Muhyiddin Yassin also announced RM500 million more to the health ministry as hospitals nationwide battle the Covid-19 virus, which has so far claimed 11 lives and infected more than 1,300 people in Malaysia.

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