Proposal to use EPF as loan collateral among issues in focus at Dewan Rakyat on March 21

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Proposal to use EPF as loan collateral among issues in focus at Dewan Rakyat on March 21
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KUALA LUMPUR: The proposal to allow contributors of the Employees Provident Fund (EPF) to take bank loans by using their contributions as collateral will be among the matters to be discussed in the Dewan Rakyat on Tuesday (March 21).

According to the Order Paper on Parliament's official website, the matter will be raised by Datuk Muslimin Yahaya in a question to the Prime Minister during the Minister's Question Time .

He wants to know the government’s justification of the proposal and the interest rate that will be charged to contributors who are eligible for the scheme. Meanwhile, Roslan Hashim 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.

There will also be a question to the Plantation Industries and Commodities Minister by Datuk Seri Dr Wee Jeck Seng on whether the 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.

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

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