Allow i-Citra withdrawals of RM2,000 a month, says Najib

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A new i-Citra scheme for withdrawals from EPF savings was announced on Monday as part of a package of relief measures.PETALING JAYA: Former prime minister Najib Razak has suggested that the Employees Provident Fund allow members to withdraw up to RM2,000 in July and August under the i-Citra scheme.Najib said many would have large arrears in financial commitments by the time August arrives, after being locked down for two months with less or no income at all.Instead of allowing members to withdraw RM1,000 monthly over a period of five months, he said the scheme could be “improved” to allow RM2,000 to be withdrawn each month in July and August, followed by the final RM1,000 in September.“Whatever it is, the amount for the first payment needs to be higher compared to the following payments because there will be arrears,” he said. He added that this proposal was made in view of how…