{"id":2090912,"date":"2023-11-05T11:14:01","date_gmt":"2023-11-05T16:14:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/singapore-prime-minister-stepping-down-top-finance-official-named-as-successor\/"},"modified":"2023-11-05T11:18:23","modified_gmt":"2023-11-05T16:18:23","slug":"singapore-prime-minister-stepping-down-top-finance-official-named-as-successor","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/singapore-prime-minister-stepping-down-top-finance-official-named-as-successor\/","title":{"rendered":"Singapore&#8217;s PM to Step Down, Finance Official to Take Over"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fsingapore-prime-minister-stepping-down-top-finance-official-named-as-successor%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2090912&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Singapore Prime Minister Lee Hsien Loong to Hand Over Power to Deputy \u200cLawrence\u200c Wong<\/h2>\n<p>Singapore Prime Minister\u200b Lee\u200d Hsien Loong announced on Sunday his plans to step down and pass\u2063 the baton to\u200b his deputy, Lawrence Wong, \u2062before the 2025 <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/impossible-gop-picked-up-seats-in-house-picked-up-state-legislatures-picked-up-governorship-held-the-senate-but-sniffy-joe-won-not-a-chance\/\" title=\"IMPOSSIBLE: GOP Picked Up Seats in House, Picked Up State Legislatures, Picked Up Governorship, Held the Senate -- But Sniffy Joe Won?... NOT A CHANCE\">general election<\/a>. Lee, who has been in \u200dpower since 2004, initially intended to retire earlier but postponed his plans due to the COVID-19 pandemic. Last year, he designated Wong, who also serves as the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-says-scam-bitcoin-competing-against-us-dollar\/\" title=\"Trump Says 'Scam' Bitcoin Competing Against US Dollar\">finance minister<\/a>,\u200c as his successor.<\/p>\n<blockquote>\n<p>\u201cI have \u200cfull confidence in Lawrence and \u200bhis team and there\u2019s no reason to delay their political transition. Therefore, I intend\u200b to hand over to DPM (Deputy Prime Minister) Lawrence before the next general election,\u201d Lee said at a party conference.<\/p>\n<\/blockquote>\n<p>By passing the baton to Wong before the national polls, Lee aims to give\u2063 the 50-year-old politician the opportunity to secure his \u2062own mandate and lead the country forward. Lee expressed his hope to hand over\u2062 to\u2064 Wong\u2063 by the People\u2019s Action\u200c Party&#8217;s 70th birthday in November \u20622024.<\/p>\n<blockquote>\n<p>Pausing to hold back \u200dhis tears, an emotional Lee\u2063 expressed his gratitude \u200bfor the time he had served and pledged his full support to Wong and\u2064 his new team.<\/p>\n<\/blockquote>\n<p>\u201cAfter (handing over),\u2063 I will be\u2062 at the new PM\u2019s disposal. I will do \u2062whatever he thinks I can be \u200duseful. I will do my best to\u2062 help him fight and win the\u2063 next general election,\u201d\u200d Lee added.<\/p>\n<p>Wong, who played a prominent role in coordinating Singapore&#8217;s response to \u2062the COVID-19 pandemic, will\u200b become the city-state&#8217;s fourth leader since\u2062 its independence in 1965. He was chosen as the likely successor to Lee after Heng Swee Keat, who was initially expected to take over, withdrew his nomination following the PAP&#8217;s\u200d disappointing election performance in\u2062 2020.<\/p>\n<p>Lee, the son of Singapore&#8217;s first <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/two-killed-in-ukrainian-attack-on-key-crimean-bridge-russia-says\/\" title=\"Russia claims that two individuals were killed in a Ukrainian assault on a crucial Crimean bridge.\">prime \u200bminister<\/a>, Lee Kuan Yew, \u200bis known for transforming the \u2062<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/singapore-prime-minister-stepping-down-top-finance-official-named-as-successor\/\" title=\"Singapore's PM to Step Down, Finance Official to Take Over\">resource-poor city-state<\/a> into one of\u2063 the world&#8217;s wealthiest nations during his\u2064 31-year tenure. However, his government has faced criticism for\u2064 its tight control, media censorship, and use of oppressive laws against dissidents.<\/p>\n<p style=\"font-style: italic\">The Western Journal\u200c has reviewed this\u2062 Associated Press story\u2064 and may have \u200daltered it prior to publication to ensure that it \u2064meets our editorial standards.<\/p>\n<p>The post\u2063 <a rel=\"nofollow\" href=\"https:\/\/www.westernjournal.com\/ap-singapore-prime-minister-stepping-top-finance-official-named-successor\/\">Singapore Prime Minister Stepping Down, Top Finance Official Named as Successor<\/a> \u2064 appeared first on <a rel=\"nofollow\" href=\"https:\/\/www.westernjournal.com\">The Western Journal<\/a>.<\/p>\n<p> <\/p>\n<h2> How\u2062 does \u200bLawrence Wong&#8217;s experience and expertise make him a suitable\u200d successor to Prime Minister Lee Hsien Loong<\/h2>\n<p><span>  General\u200d election,\u201d said Prime Minister Lee Hsien \u200dLoong in a statement.<\/p>\n<p>This announcement marks a significant moment \u200bin Singapore&#8217;s political\u2062 landscape as Lee Hsien Loong, the country&#8217;s\u200c longest-serving Prime Minister, prepares to hand over\u2062 power to \u2063his chosen\u200d successor, Lawrence Wong. The decision to pass on the baton was not unexpected, \u200bas Lee had previously \u2063signaled his intention to \u200bstep down before \u200cthe 2025\u200b general election. However, the COVID-19 \u2063pandemic prompted \u2062him to postpone his retirement plans.<\/p>\n<p>Lee Hsien Loong&#8217;s\u200b tenure\u2064 as Prime Minister, \u2063which \u2063began \u200bin 2004, has\u2064 seen Singapore navigate through various challenges and achieve \u2063remarkable progress. \u2064Under his \u2062leadership, the nation\u2062 has\u2063 enjoyed economic stability and prosperity, becoming a global\u200b financial\u200d hub \u2064and one\u2062 of the most\u200b competitive economies in the world. \u2062Lee&#8217;s\u2062 commitment to good governance and prudent\u200b fiscal\u2064 policies has \u2064earned him respect both domestically\u200b and internationally.<\/p>\n<p>The selection of Lawrence \u200cWong as Lee&#8217;s successor has been widely \u200canticipated. As the Deputy Prime\u200c Minister and\u200d Finance \u200dMinister, Wong\u2062 has already demonstrated his \u2064capabilities \u2063and leadership qualities. He has been involved in major \u200dpolicy decisions and played a crucial role \u2064in managing\u200b the economic impact\u2062 of\u200d the pandemic. Wong&#8217;s experience and expertise make\u2062 him a natural choice to\u200d lead Singapore\u2063 into the future.<\/p>\n<p>Lee Hsien Loong expressed\u2062 his full confidence\u200b in Lawrence Wong and his team, affirming that \u200dthere is no reason to delay their political \u200dtransition. This seamless transfer of power \u200dreflects Singapore&#8217;s commitment to stable governance and continuity. By ensuring a smooth transition, the nation can maintain \u200dits momentum and address the pressing issues \u2064it faces, such as\u200b climate change, economic restructuring, and social cohesion.<\/p>\n<p>The <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/report-bidens-envoy-threatens-brazil-not-to-question-electronic-vote\/\" title=\"Report: Biden\u2019s envoy threatens Brazil not to question electronic vote\">upcoming general election<\/a> in 2025 will\u200c be an important \u2064milestone in Singapore&#8217;s political landscape. It will be the first \u2062time in over \u2063two decades that\u200c a \u200bnew leader will \u200cbe elected, \u2062leading\u200d to a \u200cnew \u2062era of governance. The\u200b Singaporean people will have the opportunity to shape the country&#8217;s future through\u2064 their vote, choosing the leaders who will guide them through the challenges \u200cahead.<\/p>\n<p>As the\u2063 news of Prime Minister Lee Hsien Loong&#8217;s impending retirement \u2064spreads, Singaporeans are reflecting on his contributions to the nation and looking towards \u2064the future with anticipation.\u2063 Many express gratitude\u2063 for his leadership and\u2062 the stability he has provided, while also eagerly awaiting the next phase under Lawrence Wong&#8217;s leadership.<\/p>\n<p>In conclusion, the announcement\u2064 that Prime Minister Lee Hsien Loong will hand over power\u200c to Deputy Lawrence Wong before\u200c the 2025\u2064 general election \u200bmarks a significant moment\u200b for Singapore. Lee&#8217;s \u2063decision to retire and his choice of successor \u2064demonstrate Singapore&#8217;s commitment\u2063 to smooth political transitions and continuity of governance. As Lawrence Wong prepares\u2063 to assume the mantle\u200d of leadership, he will\u200c carry \u2064the hopes and aspirations of \u2064the nation towards a brighter\u2062 future.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Singapore Prime Minister Lee Hsien Loong announced his intention to step down and pass the baton to his deputy, Lawrence Wong, in late 2022, prior to the 2025 general election. Originally planning to retire at 70, Lee, 71, postponed his decision due to the COVID-19 pandemic. He has led Singapore since&#8230;<\/p>\n","protected":false},"author":136,"featured_media":2090913,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[548],"tags":[],"class_list":["post-2090912","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-conservative-news-daily"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2090912","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/136"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2090912"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2090912\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2090913"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2090912"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2090912"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2090912"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}