KUALA LUMPUR: The i-Sinar and i-Citra programmes, which aim to provide members with supplemental income to cater to their subsistence needs amid the present crisis, are not heavily impacting the investment of the Employees Provident Fund (EPF) at the moment.
EPF’s chief strategy officer Nurhisham Hussein said the fund has a plan in place to manage its liquidity as well as cash flow.
He said a sum of RM56.7 billion has been paid out from the total approved amount of RM58.8 billion under i-Sinar.
“We are managing the impact on the cash flow and investment,” Nurhisham told a virtual media briefing update today.
“We have sufficient cash for these programmes. It is not heavily impacting investment at the moment.
“So it is still too early to talk about the impact on dividends (from the programmes) as dividends would be heavily impacted by the market performance.
“We have another five months to go.”