24-9-2023 (NEW YORK) Malaysia is exploring strategies to incentivize skilled Malaysians living abroad to return to their home country and contribute their expertise. Prime Minister Datuk Seri Anwar Ibrahim expressed concern over the nation’s brain drain issue and stated that relevant ministries, such as International Trade and Industry, the Economy, and Higher Education, are currently in discussions with Malaysians who can make significant contributions to the nation.
Anwar highlighted that top scholars, economists, and accountants have been leaving the country in recent years, contributing to the brain drain phenomenon. To counteract this trend, the government is working to establish a system that offers incentives to entice these skilled individuals back to Malaysia.
He made these remarks during a dinner with Malaysian diaspora and students in the city, following his participation in the 78th United Nations General Assembly in New York.
Anwar mentioned the government’s ongoing efforts to review the salary structure for public servants but noted that any restructuring must align with the nation’s financial situation. He inherited a significant national debt of RM1.5 trillion and a 5.6% deficit. Consequently, he emphasized the need for prudent economic policies and gradual debt reduction, targeting a deficit reduction to 5% by 2024.
Addressing the issue of dual citizenship, Anwar stated that it would be further discussed, considering the implications involved. He explained that the Foreign Ministry and Home Ministry would collaborate to assess the matter’s impact. While the government is initially not in favor of dual citizenship, they will consider adjustments based on requests from Malaysians living abroad who wish to contribute to the country without relinquishing their current citizenship.
Approximately 1,000 individuals attended the dinner, which was also graced by the presence of various ministers and the Malaysian Ambassador to the United States. Currently, an estimated 25,000 Malaysians reside in the United States.
