Last November, Mr. Lee Hsien Loong said he would transfer power to Deputy Prime Minister Lawrence Wong before the next general election.
“Mr. Lawrence told me that he is ready. I have complete confidence in Mr. Lawrence and his team, so there is no reason to delay the political transition,” said the then Singapore leader. said.
Mr. Ly emphasized that cabinet ministers have supported Mr. Wong to become the country’s next leader.
Previous transitions of power in Singapore have gone smoothly, a sign that investors believe in the long-term development and stability of the Southeast Asian island nation.
Previously, Mr. Lee Hsien Loong had announced that he would transfer power before turning 70. However, the Covid-19 epidemic affected this plan. Then, in 2020, he said that he would continue as prime minister because he was “determined to hand over Singapore, intact and well-functioning, to the next generation of leaders”.
Mr. Wong received widespread support after he was one of the leaders of Singapore’s successful anti-Covid-19 campaign.
Previously, Mr. Wong had long held important positions such as Minister of Culture, Community and Youth, Deputy Minister of Finance, Minister of National Development and Minister of Education of Singapore. In addition, he served as private secretary to Prime Minister Lee Hsien Loong during the period 2005-2008.
Mr. Lee Hsien Loong is the eldest son of the late Singapore Prime Minister Lee Kuan Yew. He has held the position of Prime Minister since 2004 and is also the leader of the PAP party.
