00:00Giving a higher dividend will encourage borrowers to save more money for their income according to economic expert Jeffrey Williams.
00:12But he said only those who have a good level of savings will enjoy the benefit of leaving millions more borrowers who have low savings.
00:22Williams insisted that many people tend to invest more in schemes with higher returns, especially if they are also at low risk, such as KWSP.
00:32In addition, for each individual donor, the greater the fund, the higher the return, especially by taking into account the effects of the component.
00:40Another economic expert, Raja Rasyah, said that following the high dividend is better for Malaysians to increase their savings to the customer than to keep it in a private loan scheme.
00:51On Saturday, KWSP announced a 6.3% dividend for 2024 for conventional and syariah accounts with a total payment of RM73.24 billion.
