Dewan to discuss EPF savings as collateral for bank loans

Dewan to discuss EPF savings as collateral for bank loans

PN's Muslimin Yahaya wants to know the government’s justification for the proposal and the interest rate that will be charged to those eligible for the scheme.

The Dewan Rakyat will continue with the debate and winding up of the Supply Bill 2023 at the committee stage today. (Bernama pic)
KUALA LUMPUR:
The proposal to allow Employees Provident Fund (EPF) contributors to apply for bank loans using their savings as collateral will be discussed in the Dewan Rakyat today.

According to the order paper, it will be raised by Muslimin Yahaya (PN-Sungai Besar) to the prime minister during question time.

Muslimin wants to know the government’s justification for the proposal and the interest rate that will be charged to the contributors who are eligible for the scheme.

Cha Kee Chin (PH-Rasah) will also ask the prime minister whether Lim Guan Eng (PH-Bagan) had, during his tenure as the finance minister from May 2018 to February 2020, cancelled the tax exemption for Albukhary Foundation, and if he did, the reason for doing so.

Roslan Hashim (PN-Kulim Bandar Baharu) will ask the education minister whether the ministry can facilitate the acquisition and purchase of ICT equipment for schools such as printers, laptops and PCs.

Wee Jeck Seng (BN-Tanjung Piai) wants to know whether the plantation Industries and commodities ministry, through cooperation with various other ministries, is prepared to carry out tests on the production of biofuel from palm oil similar to what is being done by Indonesia.

Following the question-and-answer session, the Dewan Rakyat will continue with the debate and winding up of the Supply Bill 2023 at the committee stage.

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