Current:Home > MarketsSingapore’s prime minister plans to step down and hand over to his deputy before the 2025 election -FutureFinance
Singapore’s prime minister plans to step down and hand over to his deputy before the 2025 election
View
Date:2025-04-12 08:51:16
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! (4976)
Related
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Judge drops some charges against ex-Minnesota college student feared of plotting campus shooting
- Has Salman Rushdie changed after his stabbing? Well, he feels about 25, the author tells AP
- Dickey Betts, Allman Brothers Band co-founder and legendary guitarist, dies at 80
- What do we know about the mysterious drones reported flying over New Jersey?
- Mandisa, Grammy-winning singer and ‘American Idol’ alum, dies at 47
- Third person dies after a Connecticut fire that also killed a baby and has been labeled a crime
- Start of Sen. Bob Menendez’s bribery trial is delayed a week to mid-May
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Harry Potter actor Warwick Davis mourns death of his wife, who appeared with him in franchise's final film
Ranking
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Biden’s new Title IX rules protect LGBTQ+ students, but transgender sports rule still on hold
- Florida baffles experts by banning local water break rules as deadly heat is on the rise
- Detroit Lions unveil new uniforms: Honolulu Blue and silver, white, and black alternates
- Former longtime South Carolina congressman John Spratt dies at 82
- EPA designates 2 forever chemicals as hazardous substances, eligible for Superfund cleanup
- 384-square foot home in Silicon Valley sells for $1.7 million after going viral
- Orlando Bloom Shares How Katy Perry Supports His Wildest Dreams
Recommendation
Trump's 'stop
What Each Zodiac Sign Needs for Taurus Season, According to Your Horoscope
Judge drops some charges against ex-Minnesota college student feared of plotting campus shooting
Tyler Cameron Cancels Golden Bachelor's Gerry Turner and Theresa Nist After Their Split
'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
Should you be following those #CleanTok trends? A professional house cleaner weighs in
Remains of an Illinois soldier who died during WWII at a Japanese POW camp identified, military says
BNSF Railway says it didn’t know about asbestos that’s killed hundreds in Montana town