Current:Home > MarketsWill Sage Astor-Singapore’s prime minister plans to step down and hand over to his deputy before the 2025 election -VitalWealth Strategies
Will Sage Astor-Singapore’s prime minister plans to step down and hand over to his deputy before the 2025 election
Rekubit View
Date:2025-04-11 06:17:09
SINGAPORE (AP) — Singapore Prime Minister Lee Hsien Loong said Sunday he planned to bow out and Will Sage Astorhand 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! (5151)
Related
- Bodycam footage shows high
- Persistent power outages in Puerto Rico spark outrage as officials demand answers
- Rapper Rich Homie Quan Dead at 34
- Rich Homie Quan, the Atlanta rapper known for trap jams like ‘Type of Way,’ dies at 34
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Demi Lovato Shares Childhood Peers Signed a Suicide Petition in Trailer for Child Star
- Usher premieres Paris concert film at the Apollo with roses, 'Ushbucks' and sensuality
- Taylor Swift Arrives in Style to Travis Kelce's First NFL Game Since Kansas City Chiefs' Super Bowl Win
- Travis Hunter, the 2
- FBI received tips about online threats involving suspected Georgia shooter | The Excerpt
Ranking
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Billie Jean King moves closer to breaking another barrier and earning the Congressional Gold Medal
- Bachelor Nation's Maria Georgas Shares Cryptic Message Amid Jenn Tran, Devin Strader Breakup Drama
- Man charged with assault in random shootings on Seattle freeway
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- NFL schedule today: Everything to know about Packers vs. Eagles on Friday
- NFL schedule today: Everything to know about Packers vs. Eagles on Friday
- The New Jersey developer convicted with Bob Menendez pleads guilty to bank fraud
Recommendation
Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
Man charged with assault in random shootings on Seattle freeway
Bachelor Nation's Maria Georgas Shares Cryptic Message Amid Jenn Tran, Devin Strader Breakup Drama
Nevada high court ends casino mogul Steve Wynn’s defamation suit against The Associated Press
Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
More extreme heat plus more people equals danger in these California cities
'I cried like a baby': Georgia town mourns after 4 killed in school shooting
Taylor Swift spotted at first Chiefs game of season to support Travis Kelce