PETALING JAYA: Domestic investments by the Employees’ Provident Fund are set to reach RM700 billion by the end of the year, says deputy finance minister Ahmad Maslan.
“The total investment is expected to increase to RM700 billion by the end of 2023, representing a 9% increase when compared with 2022,” Ahmad said when answering a question in the Dewan Rakyat. For 2023, EPF has allocated RM97 billion — or 83% of its annual allocated funds — for the domestic market.
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