The Finance Minister had announced a slew of additional reliefs under Budget 2021 after taking into account feedback from MPs. One of them is to allow qualified EPF members to withdraw from Account 1. Dr Juita Mohamad, Fellow at the Institute of Strategic and International Studies (ISIS), discusses the merits of these measures and the impact on GDP and fiscal deficit.

Image Credit: Shutterstock.com

Produced by: Arleen Webber

Presented by: Lyn Mak, Noelle Lim, Roshan Kanesan

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Tags:  budget 2021,  belanjawan 2021,  epf,  account 1,  gdp,  fiscal deficit,  Government/Regulatory/Policy Making,  Economy, Markets,  Politics, News, Current Affairs,  Politics,  Law and Legal Matters,  Business Analysis,  Trends and Forecasts,  Markets,  Social Issues,  Investments