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EPF reduction till June | Daily Express Online - Sabah s Leading News Portal

The period to reduce the Employees Provident Fund (EPF) contribution rate from 11 per cent to 9 per cent will be extended until June 2022

Full Budget 2022 speech

EPF minimum contribution rate reduction period extended until June 2022

The period to reduce the Employees Provident Fund (EPF) contribution rate from 11% to 9% will be extended until June 2022. Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz when presenting Budget 2022 in Parliament on Friday (Oct 29), said the initiative would involve about RM2 billion.

Raising debt ceiling enables govt to finance budget deficit in medium term, says finance minister | Malaysia

KUALA LUMPUR, Oct 30 The government has asserted the importance of increasing the debt ceiling to 65 per cent of gross domestic product (GDP) to have a wiggle room to finance the government’s budget deficit in the medium term, including funding needs for the implementation of the 12th.

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