Current:Home > InvestSingapore’s prime minister plans to step down and hand over to his deputy before the 2025 election -Streamline Finance
Singapore’s prime minister plans to step down and hand over to his deputy before the 2025 election
View
Date:2025-04-18 09:15:22
SINGAPORE (AP) — Singapore Prime Minister Lee Hsien Loong said Sunday he planned to bow out and hand over power to his deputy, Lawrence Wong, late next year, before the 2025 general election.
Lee, 71, initially intended to retire before turning 70, but it was shelved because of the COVID-19 pandemic. He has served as head of the long-ruling People’s Action Party, or PAP, and as prime minister since 2004. Last year, he named Wong, who is also finance minister, as his designated successor.
“I have full confidence in Lawrence and his team and there’s no reason to delay their political transition. Therefore, I intend to hand over to DPM (Deputy Prime Minister) Lawrence before the next general election,” Lee said at a party conference.
He said passing the baton to Wong before the national polls will allow the 50-year-old politician to win his own mandate and take the country forward.
“If all goes well, I will hand over (to Wong) by PAP’s 70th birthday next year” in November 2024, Lee said without giving an exact date.
Pausing to hold back his tears, an emotional Lee said he was thankful for the time he had served, and that he would do his utmost to support Wong and his new team.
“After (handing over), I will be at the new PM’s disposal. I will do wherever he thinks I can be useful. I will do my best to help him fight and win the next GE (general election),” Lee added.
Wong, who came to prominence in helping to coordinate Singapore’s fight against COVID-19, will be the city-state’s fourth leader since independence in 1965.
He was picked by PAP as the likely successor to Lee after then Finance Minister Heng Swee Keat, who was earlier tipped to succeed Lee, withdrew his nomination. Heng bowed out after the PAP, one of the world’s longest-serving parties, suffered its worst election performance in 2020. Although the PAP retained its super majority, it lost some seats and support slipped.
Lee is the eldest son of Lee Kuan Yew, who became Singapore’s first prime minister and built the resource-poor city-state into one of the world’s richest nations during 31 years in office. But it has also been criticized for tight government control, media censorship and use of oppressive laws and civil lawsuits against dissidents.
veryGood! (95323)
Related
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Not just autoworkers: Grad students make up a growing share of UAW members
- Trump's frustration builds at New York civil fraud trial as lawyer asks witness if he lied
- Sophia Bush's Ex Grant Hughes Supportive of Her Amid Ashlyn Harris Relationship
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- 5 Things podcast: The organ transplant list is huge. Can pig organs help?
- Burt Young, Oscar-nominated actor who played Paulie in ‘Rocky’ films, dies at 83
- 'I blacked out': Travis Kelce dishes on 'SNL' appearance, two-sport Philly fun on podcast
- All That You Wanted to Know About She’s All That
- U.N. peacekeepers in Mali withdraw from two bases in the north as fighting intensifies
Ranking
- Travis Hunter, the 2
- 'I blacked out': Travis Kelce dishes on 'SNL' appearance, two-sport Philly fun on podcast
- Bella Hadid Packs on the PDA With Cowboy Adan Banuelos After Marc Kalman Breakup
- Warrant: Drug task force suspected couple of selling meth before raid that left 5 officers injured
- The Super Bowl could end in a 'three
- Father arrested in connection to New Orleans house fire that killed 3 children
- Tupac murder suspect Duane Davis set to appear in court
- New York governor begins trip in Israel, plans to meet families
Recommendation
Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
Biden’s visit to Israel yields no quick fixes: ANALYSIS
'Dimple maker' trend is taking over TikTok, but could it cause permanent damage?
Former NFL star Terrell Owens hit by car after argument with man in California
A South Texas lawmaker’s 15
Game on: Netflix subscribers can test out new video games in limited beta trial
Golfer breaks world record for most 18-hole courses played in one year
Thrift store chain case was no bargain for Washington attorney general; legal fees top $4.2 million